Custody revenues from North America and APAC spark best year ever for securities services providers, finds report
Research from Coalition Greenwich reveals 6% growth among the top dozen custodians.
Research from Coalition Greenwich reveals 6% growth among the top dozen custodians.
The roll-out will support clients with fund administration, transfer agency, depository and global custody services.
Custodian cites an evolving regulatory environment and changing servicing requirements for the decision.
With very little crossover in the sub-custodians they use across 60 different markets, UBS faces some tough decisions over the network of a combined entity with Credit Suisse over the coming year.
Banks both confirm the deal after Swiss National Bank announced the takeover was to “protect the Swiss economy” in an “exceptional situation” during a weekend to remember in the financial services space.
Boards were said to be impressed by with Northern Trust’s understanding of their pension plans and long history servicing large and complex pensions in Canada.
Operational from April 2023, the Wroclaw office will be led by Ewa Carr-de Avelon.
Through registration, Zodia can now provide crypto-asset transfer, safekeeping and administration services in the country.
The asset servicer will provide custody and fund administration services to the firm’s three newly launched ETFs.
Collaboration aims to provide comfort to institutions looking to explore digital assets.