Custody & Clearing
SMBC joins Project Agora to explore tokenized cross-border payments
SMBC joins Project Agora to explore tokenized cross-border payments
Project Agora involves BIS and seven central banks globally.
Citi Trust to be acquired by JTC
Citi Trust handles $70b of assets owned by UHNW clients.
Malaysia's bid for BRICS membership to spur banking overhaul
However, challenges abound when moving away from U.S. and SWIFT reliance.
Australia proposes central clearing of bonds and repos
Financial regulators are inviting feedback to reassess its possible implementation.
National Australia Bank arm invests on digital asset custodian Zodia
Zodia aims to onboard Austrlia's home grown digital asset exchanges in its platform.
BSP onboards first non-bank e-money issuer in real-time settlement system
OmniPay no longer needs an existing RTGS participant to sponsor their settlement.
JPMorgan Chase eyes outsourcing Hong Kong, Taiwan custody business
The bank is reportedly in the process of selecting another bank to take over operations.
UOB joins LCH SwapClear and ForexClear as as direct clearing member
UOB is the first SEA bank to join ForexClear as a direct member.
Citi Securities Services joins DLT-powered fractional bond exchange
Citi will provide settlement and custody services in the back end.
Bangkok Bank clinches license to offer custody services in Vietnam
Services include receipt-delivery, settlement, and clearing, amongst others.
Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF
The bank works with over 40 ETF issuers covering 500 ETFs in APAC.
Citi TTS to launch 24/7 USD clearing service in Q4
Clients can make USD payments globally 24/7, even during holidays.
Citi names Aditya Sharma as Asia head of custody
He has spent 19 years with Citi.
Standard Chartered unveils supply chain tool for monitoring sustainability, resilience
Companies will be able to do a health check of their operations.
The uncertain solutions to custody & clearing risks
Banks are currently looking into outsourcing, blockchain technology, and cybersecurity but are wary of unproven results.
Asian banks take the fast lane to real-time payments
Asian banks zooming towards faster and more secure transactions while navigating the region’s mounting regulatory hazards.
Citi names Bryan Murphy as Asia Pacific head of intermediaries client coverage
He will be based in Hong Kong.