Leonique van Houwelingen was named EMEA head of strategic growth and regional head of client coverage for BNY Mellon's asset servicing unit.
Northern Trust promoted from within for roles leading asset servicing for Hong Kong, Macau and Taiwan, and separately for China.
CSC Global Financial Markets acquired private capital fund administrator PEF Services, as it seeks to grow its fund-services business.
Northern Trust tapped its country head for Australia to lead its asset-servicing business in the Asia-Pacific region.
Arthur Hill was named senior vice president, head of product management for asset servicing at Northern Trust Corp.
TMF Group has acquired U.S. fund administration firm Venture Back Office in an effort to expand into the U.S. market.
Tadawul, the Saudi stock exchange, will restructure to become a holding company ahead of its initial public offering later this year.
Euroclear has agreed to acquire global digital fund distribution platform MFEX Group from private equity firm Nordic Capital.
Kay Hayre was named co-head of investment managers sales at Bank of New York Mellon.
Nordea will exit its subcustody business in the Nordic nations and has entered into a strategic referral pact with Citi for the services.
Citi named a new head of sales for custody and fund services for Europe, Middle East and Africa.
Bank of New York Mellon has formed a new digital assets unit to provide custodial services for traditional and digital assets.
BNY Mellon agreed to acquire Danish financial firm Nykredit's depository services business for an undisclosed sum.
Money managers and other market players will develop a money management operating platform to streamline middle- and back-office operations.
Benjie Fraser joined State Street as head of asset owners for Europe, the Middle East and Africa.
Wendy Piergolam was named head of client development for the U.S., a new position at asset servicing firm IQ-EQ.
BNY Mellon and NCB Capital have formed a strategic alliance to provide global custody and asset servicing in Saudi Arabia.
Transition managers have been among the few firms that have benefited during the coronavirus pandemic.
Dennis Bon was named head of Americas at BNP Paribas Securities Services.
UBS agreed to sell a 51% stake in its fund distribution platform to Clearstream, as UBS seeks to focus on its asset management business.
Tim Smollen was named global head of global securities lending solutions at MUFG Investor Services.
GPIF's halt of international stock lending puts it at the tip of the spear in promoting stewardship standards for voting shares.
Christine Lange was named head of customer solutions for institutional retirement plan services at Prudential Retirement.
Jane Mancini was named head of sales for asset servicing Americas at Bank of New York Mellon.
Mat Cook and Rob Dixon were named senior transition managers at Northern Trust Corp.