Global custodian RBC Dexia has teamed up with IT provider SunGard to open more than 13% of the total 68,000 retail and institutional funds in Europe to overseas investors, in the latest market-led attempt to tackle clearing and settlement fragmentation.

The partnership will for the first time allow investors outside Europe to trade with the funds without the need to use third-party clearing and settlement services.

RBC Dexia unites with SunGard to boost fund access

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Deutsche Bank’s UK MD numbers slide for the first time in four years

HSBC plans to increase staff surveillance as it moves to new London HQ

Why Deutsche Bank’s former FX chief is reinventing himself as an opera composer

Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

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