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Asia moves: LCH appoints new head of Asia, BNY Mellon picks treasury services chief, and more
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Asia Awards 2021: Best Enterprise Data Management Provider—BNY Mellon Data and Analytics Solutions
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BNY Mellon creates new trustee role for Hong Kong - Global Custodian – The Leading quarterly magazine covering the international securities services industry
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The Swingby Protocol has received a strategic grant from the Algorand Foundation to bring its Skybridge technology to the Algorand blockchain. The Swingby Skybridge is a trustless bridge between BSC, ETH and BTC, as well as other blockchains.
Algorand price ready for new yearly highs
On the 12-hour chart, the Algorand price had a significant breakout from a symmetrical triangle pattern with a price target of $2 in the long term. This was calculated using the maximum height of the pattern as a reference point.
ALGO/USD 12-hour chart
There is practically no resistance on the way up beside the $1.42 level, which has rejected the price several times in a row and the 2021 high of $1.84.
BNY Mellon appoints head of APAC markets as new Japan country executive
BNY Mellon s APAC head of markets, clearance and collateral management has taken on added responsibilities as its new country executive for its business in Japan.
March 3, 2021 4:01 PM GMT
BNY Mellon has named its head of markets, clearance and collateral management for the Asia Pacific (APAC) region as the new country executive for its business in Japan.
Mark Militello will continue his role leading the markets business for BNY Mellon, but will relocate from Hong Kong to Japan to take on his new responsibilities.
“Japan is an important market for BNY Mellon. With a presence of more than 50 years in Japan, we continue to see opportunities to deepen our client relationships and grow our business,” said Fangfang Chen, APAC chair and APAC head of asset servicing and digital, BNY Mellon.