Custody, clearing etc

BNP Paribas appoints new Head of Asia Pacific

BNP Paribas recently announced that Mostapha Tahiri will succeed Philippe Benoît as Head of BNP Paribas Securities Services Asia Pacific, effective February 1. It says that in his new role, Tahiri will continue to expand BNP Paribas Securities Services' business in the Asia Pacific region, where it...
Absa to take over Societe Generale securities services in South Africa

Absa has agreed to acquire Societe Generale's custody, trustee and clearing services operated in South Africa, enabling Absa to advance its growth strategy. The announcement was made at the same time as the banks reported that they had reached a commercial agreement signed to launch a unique...
State Street plans to cut 1,500 jobs

State Street plans to cut 1,500 jobs as part of a new expense programme that dominates its most recent results announcement today. The official line is that the programme will help to accelerate efforts to become a higher-performing organization and help navigate challenging market and industry...
Euroclear boosts boards

Euroclear has today announced the appointment of Willem Meijer to the Board of Directors for each of its ESES CSDs, Euroclear Belgium, Euroclear France and Euroclear Nederland, subject to regulatory approval. After an extensive career in banking with firms including Deutsche Bank and JP Morgan,...
Eurex Clearing appoints Dmitrij Senko as Chief Risk Officer


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