Page 6 - Clearing Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>The Depository Trust &amp; Clearing Corporation (DTCC) today announced that its Board of Directors has appointed Francis (Frank) La Salla, currently Chief Executive Officer of BNY Mellon&rsquo;s Issuer Services business and a member of the BNY Mellon Executive Committee, as President and Chief Executive Officer (CEO) of the company, effective August 12. La Salla&rsquo;s appointment as CEO reflects the Board&rsquo;s long-term succession planning and rigorous search process with the scheduled retirement of Michael C. Bodson, who has served as DTCC&rsquo;s...

Michael Bodson set to retire in August after a decade as DTCC poaches top BNY Mellon issuer services chief for the helm.

The Depository Trust & Clearing Corporation (DTCC) today announced that its Board of Directors has appointed Francis (Frank) La Salla, currently Chief Executive Officer of BNY Mellon’s Issuer Services business and a member of the BNY Mellon Executive Committee, as President and Chief Executive Officer (CEO) of the company, effective August 12.

<ul> <li><b>HSBC to commence equities clearing in May 2022 and is looking at the opportunity to offer equities futures clearing</b></li> <li><b>Announcement underlines international institutional demand for opportunities on DFM</b></li> </ul>

Dubai Financial Market (DFM) said HSBC has become the first international General Clearing Member (GCM) to join the market, enabling the bank to provide clearing and settlement services to its customers worldwide and to other DFM trading members.