The pan-European instant payment infrastructure system now counts six participants based in Belgium: Aion SA, BNP Paribas Fortis, Belfius, CBC Banque, ING Belgium and KBC Bank
RBI will acquire Equa bank from AnaCap Financial Partners, a specialist financial services private equity investor, through its Czech subsidiary Raiffeisenbank a.s.
Citi will provide custody, fund administration and trustee services for the launch of CSOP’s first exchange-traded funds in the form of an open-ended fund company
The expansion out of North America is in response to increased market demand for limited partner services globally by private equity, real estate and other institutional investors
The partnership comes after Ultimus’ input in the construction and launch of the new Public Trust Participant Portal, a product that was developed collaboratively by the two firms
BNP Paribas reported its securities services revenues came in at €2.2 billion for Q4 2020, an increase of the €544 million total in the bank’s Q3 financial results
Steven Maijoor, chair of the ESAs joint committee, says the significant set of rules issued provide a strong basis to improve ESG reporting and combat greenwashing
“With only eleven months remaining, there is insufficient time left for fund managers (and other product manufacturers) to properly implement the envisaged wide-ranging changes,” says EFAMA
