Tough quarter for Boston-based custodian as revenues from asset servicing fees and assets under custody both drop.
BTIG will build out a specialised team to focus on the family office market, which has become a fast-growing segment within the alternative investment industry.
MUFG has made a big push in its real estate and private markets franchise in order to capture the market demand for limited partner services.
Estera will be set to benefit from Ocorian's strong links to the Middle East and Africa.
The global custodian's CEO says the bank remains very focused on growing its ETF servicing business after notable growth.
The aim for the new CSD is to provide a harmonised platform for the issuance, trading, settlement and custody for commercial paper.
Arabesque S-Ray, which supples ESG data to State Street and BNY Mellon, secures funding from four German investment firms.
RBC I&TS will create a new head of investor services role, promoting one of its top executives to lead the business.
Bill Stone has taken SS&C from his basement to a 22,000-strong technology and fund administration giant and is still looking to evolve with new trends and inspire a new generation.
The decline means another disappointing quarter for the world’s largest global custodian as asset servicing revenues fell 8% year-on-year.
Results were partially offset by increased client activity, as assets under custody increased by over 5% to $25.5 trillion.
BNP Paribas Securities Services has emerged as a leading derivatives clearing provider in Italy, having won a number of clearing and collateral management mandates.
NPS extended its back-office mandate for their global equities portfolio with State Street to also include the middle-office.
Neal Pawar will take on the role of chief information officer and join Deutsche Bank's executive committee in early September.
Superannuation fund owned by the Government of South Australia selects Northern Trust for custody mandate.