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.
Custody
U.S. Bank unveils European ETF servicing capabilities
The roll-out will support clients with fund administration, transfer agency, depository and global custody services.
State Street cuts ties with digital asset custody specialists Copper
Custodian cites an evolving regulatory environment and changing servicing requirements for the decision.
Custody
Credit Suisse deal will force UBS to make some decisions around its custody network
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.
UBS agrees landmark takeover of Credit Suisse after intervention from Swiss authorities
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.
Northern Trust wins custody mandate with Canadian teacher pension funds
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.
BNY Mellon opens Poland branch in European expansion
Operational from April 2023, the Wroclaw office will be led by Ewa Carr-de Avelon.
Zodia Custody receives virtual asset licence in Luxembourg
Through registration, Zodia can now provide crypto-asset transfer, safekeeping and administration services in the country.
RBC I&TS wins custody mandate from Mulvihill Capital Management
The asset servicer will provide custody and fund administration services to the firm’s three newly launched ETFs.
GMO Trust partners with Komainu for institutional custody services for stablecoin
Collaboration aims to provide comfort to institutions looking to explore digital assets.