HSBC India appointed custody and fund accounting partner for Jio BlackRock
The collaboration supports launch of new fund offering amid India’s growing asset management sector.
Custody
CACEIS mandated by Syz Asset Management for custody and fund services
Swiss manager appoints CACEIS to provide custody, fund administration, and transfer agency across CHF 3 billion portfolio
Prometheum Capital gains approval to offer clearing services for blockchain-based securities
Approval positions Prometheum to support broker-dealers in custody and settlement of on-chain securities as blockchain adoption in capital markets grows.
BNP Paribas acquires HSBC’s custody and depositary bank business in Germany
The custodian continues to show its securities services ambitions in Europe through this deal with client transition set to start in 2026 and staff employed at HSBC’s Germany custody and depositary team transferring to BNP Paribas’ Securities Services business.
BNY appointed custodian for WisdomTree’s Europe-listed products
The new agreement will see the custodian support the asset manager’s entire range of exchange-traded products and Irish-domiciled UCITS ETFs.
Cleaning out the notebook: Key takeaways from The Network Forum in Madrid
Global Custodian looks back over the key talking points from an informative few days in the Spanish capital.
Custody
Russian sanctions removal will be ‘absolute nightmare’ task for custodians
Geopolitical risk and operational resiliency have been the key themes of The Network Forum’s annual meeting in Madrid, where speakers cautioned that significant disruption lies ahead.
Northern Trust wins asset servicing mandate from Mereo Insurance
Asset servicer to provide custody services and institutional brokerage solutions, serving as broker for Mereo’s trade execution needs.
BNY appointed custodian for new USD stablecoin from SG-FORGE
Societe Generale-FORGE to launch a USD-denominated stablecoin on Ethereum and Solana public blockchains with BNY as reserve custodian.
U.S. Bank appoints FRT to administer securities litigation services
The custodian will utilise a range of class action monitoring, reporting, filing and recovery services.