BNP Paribas to support Schroders private markets push as asset servicer
Mandate supports Future Growth Capital’s private markets push for UK pension schemes.
Custody
Deutsche Bank unifies trust and securities services units
The newly-formed unit will be led by Paul Maley, who has led the securities services team since 2021.
BlackRock and BNY outline plans for blockchain-recorded share class for treasury fund
US Securities and Exchange Commission filing outlines plans for a digital share class using distributed ledger technology to track ownership records.
Citi and SDX collaborate to tokenise late-stage private equity on digital CSD
The collaboration will see Citi act as custodian and issuer agent for tokenised pre-IPO shares on SDX’s digital central securities depository.
BBH wins global custody mandate with Compañia de Seguros Confuturo
Deal with Chilean insurer bolsters the custodian’s presence in the region, where it has been present for almost 30 years.
Zodia Custody eyes acquisition of UAE-based Tungsten custody solutions
Talks underway as Zodia seeks to expand Middle East operations through licensed UAE custodian.
Northern Trust mandated by UK-based ECO for carbon credit custody and settlement
Mandate covers the custody, recordkeeping, and transfer of Natural Capital Credits under the Natural Forest Standard
Fireside Friday with… Commercial Bank of Kuwait’s Alex Krunic
Alex Krunic, senior adviser to the chairman at Commercial Bank of Kuwait, discusses the Middle East's growing relevance for global investors, the rise of digitisation, and why custodians are scaling up to meet surging regional demand.
BNP Paribas’ securities services revenue surges 13.4% in Q1 2025
Assets under custody and administration rebounds to €16.6 trillion amid strong client activity and market momentum.
Northern Trust’s Q1 asset servicing fees rise 5%
The bank also posted a modest growth in custody fees and client assets under administration.