Chief executive officer for Northern Trust highlights US fund administration wins in a quarter driven by new mandates.
Citi, JP Morgan, State Street and now BNY Mellon all enjoy asset servicing revenue upticks during the third quarter.
During a quarter defined by its agreement to acquire BBH’s Investor Services unit, State Street posts increase in AUC/A and revenues.
Two mandates cover €16 billion of assets for one of the Netherlands’ oldest private financial institutions.
Initial third-quarter results suggest a potential change of fortunes for a custody industry that endured a difficult first half of the year.
Agent bank clients have revised their assessments downwards in the latest Global Custodian agent bank survey of major markets.
The Digital Securities Depository Corporation (DSDC) is a cross-border securities settlement infrastructure for digital depositary receipts (DDRs).
Custodians highlight the importance of digital asset regulation and call for playbook and taxonomies
If it hadn’t already, the penny has dropped on what digital assets and new technologies will bring to the securities services industry, but experts believe more is needed from regulators and fast.
Foundation’s objective centres around the impact on humanity in Saudi Arabia and the broader Middle East region.
Jamie Dimon interview takes off after he labelled Bitcoin as “worthless” but interview also revealed JP Morgan’s stance on crypto custody.