The Middle East has been a recent point of focus for State Street’s EMEA strategy, having opened a new office in Abu Dhabi in September last year.
Latest results confirm a tough quarter for the four biggest custodians, a feeling all-too familiar in 2019.
Global custodians have had a tough year through three quarters, with latest asset servicing revenues dropping in three out of the big four.
Significant turnaround in Australian securities services market following declines at the end of 2018.
A trickle of cryptocurrency services have emerged from custodians, however full scale offerings remain a distant prospect meaning institutional investors could remain on the sidelines.
BNP Paribas Securities Services will support Huatai Financial’s activity as a direct London Stock Exchange member with clearing, settlement and custody services.
Can custody be white labelled and adopted by local providers or will custodians with global sub-custody networks dominate?
The new mandate resulted in the transfer of 53 mutual funds and ETFs to Citi, following a recent acquisition from client Victory Capital.
HSBC's global co-heads of securities services explain their focus on unlocking the potential of the group’s overall universal banking model for its clients.
When Scharf arrived at BNY Mellon in 2017, he sought to overhaul the business and its technology. With his departure, he leaves plenty of work still to do.