Investments into technology was cited as a core factor for State Street achieving new business wins.
The world’s largest custodian recorded revenues of $4.2 billion in the quarter, up by 9% year-on-year.
Northern Trust has become the custodian-of-choice for UK local government pension funds, having won eight other LGPS mandates.
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 has reportedly hired Citco’s head of sales for EMEA in a similar role, who will join in the summer.
RBC's James Daigle will retire in May 2018 after serving 30 years with the Canadian bank.
BNY Mellon has recently made a number of moves in Europe as part of a revamp of the business in the region.
For the first time, trade reporting requirements will be imposed on repos and other securities financing transactions.
Apex brings on 25-year fund administration expert that helped build the alternative investment business development sales group at SS&C GlobeOp.
Deutsche Bank names new head of securities services to be based in Dublin.