The regulator to ask “very difficult questions” of firms lagging in their preparations, as industry figures caution against complacency. 

Custodian booked $429 billion in new AUC/A wins during the quarter, with total assets now at $59.2 trillion.

Custody, depositary and fund administration mandated for two Ireland-domiciled umbrellas, expanding a servicing relationship with the mutual's asset management arm that dates back two decades.

Motion fell 11 votes short of the 60-vote threshold required, casting fresh uncertainty of the future of US digital asset infrastructure. 

Internal hire will continue in existing role as CEO of Northern Trust Global Services SE and country head of Luxembourg.  

Laurensy to step down in mid-2027 after 40 years of service at Euroclear, remaining in an advisory role until retirement.  

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? 

Assets under custody/administration (AUC/A) rise to $62.6 trillion – up 5% from the previous quarter.  

Growth in assets under custody and administration (AUC/A), alongside new client mandates and expanded ETF servicing capabilities, helped drive a strong second quarter for Citi’s securities services business.