SEB Goes Live with DTCC’s Alert Regional Custodian Workflow

The Swedish bank will use US firm’s network as a white-labelled service. Skandinaviska Enskilda Banken (SEB) has gone live with the Depository Trust and Clearing Corp. (DTCC)’s new Alert for Regional Custodian workflow through global custodian Brown Brothers Harriman (BBH).  The Alert Regional Custodian workflow lets market participants automatically connect with users…

Bank of China appointed yuan-clearing bank in deal with M’sia

BEIJING: Bank of China, China’s fourth-biggest lender, is to be appointed the yuan-clearing bank in Malaysia, two sources with knowledge of the matter said on Monday, following a deal signed between the two countries’ central banks. China and Malaysia’s central banks had signed a memorandum of understanding on Monday to…