State Street records new asset servicing wins of $1.3 trillion
Investments into technology was cited as a core factor for State Street achieving new business wins.
News
BNY Mellon delivers on $1.1 billion in earnings
The world’s largest custodian recorded revenues of $4.2 billion in the quarter, up by 9% year-on-year.
£46 billion North England pension fund group partners with Northern Trust
Northern Trust has become the custodian-of-choice for UK local government pension funds, having won eight other LGPS mandates.
Clearstream goes live with new InvestorCSD model for T2S
The new account will bring around 80% of the custody and settlement volume of T2S markets onto Clearstream’s Investor CSD services.
MUFG Investor Services to lose European sales head
MUFG Investor Services has reportedly hired Citco’s head of sales for EMEA in a similar role, who will join in the summer.
RBC appoints Citco’s alternatives head to run client operations for Canada
RBC's James Daigle will retire in May 2018 after serving 30 years with the Canadian bank.
BNY Mellon reshuffles leadership for European bank
BNY Mellon has recently made a number of moves in Europe as part of a revamp of the business in the region.
Industry attention turns to SFTR as other regulations pass
For the first time, trade reporting requirements will be imposed on repos and other securities financing transactions.
Apex Fund Services creates new chief revenue role
Apex brings on 25-year fund administration expert that helped build the alternative investment business development sales group at SS&C GlobeOp.
Deutsche Bank makes Ireland chief global head of securities services
Deutsche Bank names new head of securities services to be based in Dublin.