HSBC sees big jump in assets under custody as securities services revenue sits flat in 2025
Custodian reports 21% year-on-year increase in assets held in custody, while assets under administration jump 16%.
Custody
Custody
Fireside Friday with… SEB’s Ann Magnusson
Ann Magnusson, head of investor services at SEB, says renewed sub-custody momentum in the Nordics is being driven by settlement rebound, strong equity performance and rising ETP issuance – even as infrastructure change and regulatory layering reshape client expectations ahead of T+1.
Pictet Asset Services mandated by Pareto for UCITS custody
Appointment covers Luxembourg-domiciled Pareto SICAV across multiple European distribution markets.
Société Générale Securities Services revenue edge up in Q4 2025, flat for full year
The French-headquartered custodian sees a late-year rebound in commercial activity, helping offset a softer rate environment across 2025.
CACEIS posts asset servicing increases in 2025 despite planned exit of former RBC customers
Assets under custody and administration also increase for the asset servicer in 2025, with ownership now fully under Credit Agricole.
BNP Paribas securities services posts best quarter of 2025 as revenues rise 6.8%
Assets under custody and administration climb 7% on strong transaction volumes and new mandates.
HSBC appointed as exclusive gold custodian and trustee for Hong Kong gold ETF
Hang Seng Investment launches Hong Kong’s first exchange-traded fund to offer physical gold redemption through HSBC.
BNY secures operating model mandate with Jupiter
As part of the arrangement, Jupiter has consolidated back-office services for its offshore jurisdictions with BNY and outsourced its middle-office operations.
Northern Trust asset servicing revenue up 6.4% in 2025
Assets under custody and administration (AUC/A) rose to $18.7 trillion, up 3% sequentially.
HSBC appointed as custodian for E Fund onshore mutual fund in mainland China
The mandate marks HSBC’s first onshore mutual fund custody win in China and E Fund’s first partnership with a foreign custodian.