DTCC receives SEC no-action relief to launch tokenisation service
Subsidiary DTC to begin controlled rollout in 2026, enabling tokenised versions of select DTC-custodied assets.
Custody
BBH mandated as custodian for new ICBC UBS AM International–KraneShares ETF
Appointment covers custody, administration, trustee and registrar roles for Hong Kong-domiciled fund.
Northern Trust crosses 100-mandate milestone in 2025 as asset owner momentum accelerates
Growth spans global regions as institutional investors prioritise operational support and service quality.
Custody
A new era of custody: How the biggest four players are shaping the future of global securities services
No longer considered the quiet plumbing of global finance, the custody industry now finds itself at the centre of innovation, scale and strategic influence, with the largest players enjoying an elongated purple patch of rising AUC, strong revenues and a diversified service offering. The four biggest custodians sit down with Global Custodian under the Chatham House Rule for a rare, candid exchange about the transformation sweeping through their industry.
Custody
Global custody purple patch continues as AUC/A surge in Q3
Latest AUC/A league table reveals increases across the board in the third quarter of 2025, marking the eighth consecutive quarter of overall growth.
U.S. Bank appoints MUFG and Citi as Asia Pacific sub-custodians
MUFG takes Japan; Citi appointed across four Southeast Asian markets.
Custody
Time zones, custody rules and legacy rails threaten Hong Kong’s path to digital settlement
Regulatory fragmentation, legacy infrastructure and limited RMB liquidity continue to constrain Hong Kong’s ambitions to become a fully integrated digital market and RMB hub, panellists at The Network Forum: Asia warn.
Standard Chartered appointed digital asset custodian for 21Shares
The appointment supports custody of crypto ETPs via the Luxembourg-based regulated platform.
Northern Trust and Carne appointed to support AJ Bell’s in-house fund range
UK investment platform’s £5 billion fund range transitions to new custody, administration and ACD arrangements.
BNY Pershing EMEA to provide custody support for GBM Securities
Under the new Model B structure, tri-party arrangement introduces fully segregated client asset holding across GBM’s prime brokerage platform.