BNP Paribas extends mandate with Turim in Brazil
This updated agreement supports the custodian’s expansion into the US.
This updated agreement supports the custodian’s expansion into the US.
New category 4 license enables BNY to offer additional services, including custody, fund administration, and credit and investment deals.
The office will be one of three US locations for the custodian, along with Chicago and Tempe, Arizona.
The engagement with Fiji's sole compulsory superannuation fund marks an expansion of Northern Trust's footprint in the Asia Pacific region.
Tradegate has extended its collaboration with BNP Paribas, appointing its securities services division to oversee settlement and custody for Tradegate’s latest service.
This mandate follows the largest Middle East listing of the Albilad CSOP ETF, offering Saudi investors 30 sharia-compliant Hong Kong stocks.
The new license aims to strengthen HSBC China’s portfolio of custody services in mainland China.
Total represents the highest quarterly revenue total for the business, and the fifth consecutive quarter of growth.
Latest mandate follows a long string of deals with UK pension funds for Northern Trust this year, including partnerships with Nest and Border to Coast Pensions Partnership.
The new partnership builds on Standard Chartered’s recent digital asset announcements, including last week’s collaboration with inter-dealer broker TP ICAP and the launch of its digital asset custody service in the UAE.