AUC/A remained flat from the previous quarter, while the bank details efficiency gains of AI adoption across the business.  

Growth was driven by a combination of higher fee income and improved interest dynamics, according to the bank.  

The appointment reflects Apex Group’s continued investment in Luxembourg, its largest operational hub, as it looks to scale its delivery platform across fund and corporate services. 

Experienced executive rejoins BNY after a decade at HSBC, where she held a number of senior roles including head of client development and global head of securities services sales.  

The structure reflects continued demand for physically-backed gold products, as well as Singapore’s growing role as a regional centre for precious metals trading and custody. 

Move to Datum One Series Trust deepens long-standing relationship as the asset manager scales its US mutual fund strategy.

Watchdog’s latest TRV Risk Monitor report links fail spikes to heightened trading activity in the wake of rapidly-changing US trade policies.  

Joan Kehoe, founder and CEO of Alchelyst and former global head of alternative investment services at JP Morgan, will lead the combined company.  

Announcement brings some much-needed clarity after Euronext’s plan to designate its own CSD as the default settlement venue was met with criticism from rivals.