State Street cuts BNY’s AUC/A lead by 30% over past year
Global Custodian's sister title, The TRADE, sits down with Ben Pott, international head of public policy and government affairs at BNY, to unpack the implications of MISP for capital markets’ improvement, settlement challenges, and striking the right balance between competitiveness, risk and regulatory complexity.
Assets under custody and administration reach €18.3 trillion, supported by market performance and new mandates.
Sponsored message from BNY
BNY swept five major accolades, a reflection of a business that has spent the past year strengthening its custody infrastructure, deploying AI at scale and reshaping how collateral moves through the market.
Executive joins from Fidelity Investments, where he led digital asset infrastructure initiatives for institutional clients.
The BNP Paribas-backed joint venture names new head for its custody and cash clearing operations in Türkiye.
Favourable markets and net new business drive record AUC/A and continued growth in custody and fund administration fees.
Executive joins the firm's investor services business to lead product strategy, governance and innovation across its product portfolio.
Executive announced his departure from Euroclear, where he led client relationships and market development across the Middle East, Africa and Turkey.
The latest edition of Global Custodian is now live, with a wealth of exciting new content. Check out the highlights here.
Growth in repo, securities lending and Asia Pacific activity drives record collateral mobilisation.
South Korea, Vietnam and Malaysia will have access to local escrow support as cross-border transaction activity continues to grow in APAC.
Executive joins from HSBC, where he spent nearly 12 years across liquidity and treasury solutions roles, following earlier experience at Barclays.
Recent GC Hall of Fame inductee, Ben Challice, CEO of Pirum, reflects on a 25-year career spanning trading, the Lehman Brothers unwind, and banking, sharing how those experiences shaped his leadership, his vision for connected market infrastructure, and the lessons that have endured throughout his career.
The 2025 Private Equity Fund Administration survey revealed a market still firmly rated Very Good — yet scores edged down as expectations climb, and the industry’s largest clients are proving the hardest to satisfy. As providers are asked to deliver more with less, could effective implementation of AI be the next important differentiator?
New servicing fee revenue wins rose to $87 million during the quarter, while assets under custody and/or administration hit a record high.
Former Zodia Markets CEO joins to lead its digital assets strategy, bringing more than 17 years of capital markets technology experience from the likes of HSBC and Merrill Lynch.