Custody, clearing etc

First Private mandates SGSS GmbH

Societe Generale Securities Services GmbH (SGSS GmbH) in Germany has been mandated by First Private Investment Management to provide front, middle and back office services, as well as analytics and reporting. First Private Investment Management is an independent and partner-managed asset management...
Clearing changes could alter US treasury market structure

The US Treasury market structure has been heavily influenced by the clearing arrangements that serve as its foundation. Those arrangements, and the market structure itself, could be on the verge of rapid and dramatic change, according to Greenwich Associates, which has published a new report on the...
KPMG admits misconduct in connection BNY Mellon

The Financial Reporting Council (FRC) has announced this morning that KPMG Audit Plc (KPMG) and Richard Hinton (a Partner) have admitted misconduct under the FRC's Accountancy Scheme in relation to their reports to the Financial Conduct Authority (FCA) on compliance by The Bank of New York Mellon...
New Global Co-Heads at HSS

New Global Co-Heads have been appointed at HSBC Securities Services (HSS). Effective October 1, and subject to regulatory approval, Allegra Berman and Richard Godfrey will jointly lead the HSS business. Allegra and Richard will report to Samir Assaf, Chief Executive, Global Banking and Markets, and...
BestX acquired by State Street


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