Standard Bank launches direct custody services in Angola
Standard Bank announces launch of custody services in 15th African market.
Custody
Custodians called on to rethink big data strategies
Custodians could deliver superior value focusing on identifying operational pain-points for customers and created solutions off the back of it, according to Deutsche Bank.
Mark Mobius’ emerging market fund selects Northern Trust for asset servicing and outsourced trading
The launch of the outsourcing trading service for asset owners and asset managers made Northern Trust the first custodian to take on certain buy-side trading functions.
IFSAM expands custody services, insources activity
International Fund Services and Asset Management makes move to insource to offer custody services to its institutional clients.
Stark warning as new research shows asset managers failing to optimise corporate action decisions
New report shows losses exceed a billion dollars annually.
Americas
Global Custodian’s Industry Leaders award winners announced
SS&C’s Bill Stone takes home Lifetime Achievement award as Pershing, Trident Trust, Ultimus, Digital Asset, BNP Paribas and Morgan Stanley all win big.
State Street takes on global custody mandate for Swedbank
State Street takes over the mandate from JP Morgan, which has served as global custodian for Swedbank since 2000.
Securities services will transition to ‘self-service’ model, says Deutsche Bank digital chief
The move towards smart contracts and DLT presents a new opportunity for custodian banks to grant client access to their own data.
Custody
GC North America Industry Person of the Year 2018 shortlist revealed
GC announces the four nominees who will compete for the title of Global Custodian's North America Industry Person of the Year 2018.
Lack of international standards holding back ESG investing, finds BNY Mellon study
The paper found measurability and comparability of non-financial performance is holding back asset managers embracing ESG within their portfolios.