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Custody, clearing etc

Kommunalbanken of Norway appoints HSS

HSBC Securities Services (HSS) has been in touch to report that Kommunalbanken (KBN), a local government funding agency, 100 percent owned by the Royal Ministry of Local Government and Regional Development on behalf of the Kingdom of Norway, has appointed HSBC Securities Services in London to...
Northern Trust and BondEvalue partner

Northern Trust and BondEvalue have announced a strategic partnership to deliver integrated asset servicing and digital solutions for fractional ownership of fixed income bonds. They says that BondEvalue's regulated platform will facilitate trading of fractionalized investable assets based on...
Euroclear Bank to join ECB's Target2Securities platform

Euroclear Bank, the Brussels-based international central securities depository, has today announced its intention to offer clients the choice between euro settlement in both commercial bank and central bank money. The option being assessed is to connect to the European Central Bank's...
Russia's AlfaStrakhovanie awards SGSS custody mandate

Russia's largest private insurance company AlfaStrakhovanie has appointed SGSS to become its depositary and custodian for all its assets. Widely represented in the regions of Russia, AlfaStrakhovanie provides corporate business protection programmes and a wide range of insurance products for more...
BNY Mellon hires Jane Mancini

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