State Street’s fee revenue tops $10bn in record 2024
A pair of new Alpha mandates in the fourth quarter takes the total number of mandate wins for the year up to seven.
News
CACEIS sees global head of client coverage Europe depart for Universal Investment
Long serving RBC Investor Services European executive who transitioned to CACEIS through the acquisition executive joins Universal Investment Group as CEO in Luxembourg.
Citi CEO Fraser says securities services is delivering growth, returns and increasing share
Jane Fraser reiterates that the bank’s services unit remains a ‘crown jewel’ after stellar year.
Broadridge adds GenAI-powered analytics to improve multi-asset post-trade processing
New solution leverages generative AI and natural language interactions to provide instant reports, data visualisation and summaries.
Former BlackRock and S&P Global exec joins Apex as chief product officer
In the New York-based role, the appointee will lead the transformation of the product team.
JP Morgan securities services revenue up 7% in 2024 to over $5bn
The custodian also reported Q4 securities services revenue up 10% to $1.31 billion.
Citi securities services revenue up 17% year-on-year
Citi joins both BNY and JP Morgan in posting stalled AUC/A tallies this quarter.
BNY hits record $8.9bn securities services revenue in 2024
Landmark year for the custodian - where it exceeded $50 trillion in AUC/A - rounded off with record quarterly and annual revenue sums.
Euroclear Sweden names new CEO
The executive, currently serving as CEO of Euroclear Finland, will now take on the additional role of CEO for Euroclear Sweden.
CACEIS secures £3.5bn mandate from Lincolnshire County Council Pension Fund
Asset servicer says it is working with the LGPS pools on the topic of consolidation, workshopping opportunities and challenges.