Citi and SDX collaborate to tokenise late-stage private equity on digital CSD
The collaboration will see Citi act as custodian and issuer agent for tokenised pre-IPO shares on SDX’s digital central securities depository.
Custody
BBH wins global custody mandate with Compañia de Seguros Confuturo
Deal with Chilean insurer bolsters the custodian’s presence in the region, where it has been present for almost 30 years.
Zodia Custody eyes acquisition of UAE-based Tungsten custody solutions
Talks underway as Zodia seeks to expand Middle East operations through licensed UAE custodian.
Northern Trust mandated by UK-based ECO for carbon credit custody and settlement
Mandate covers the custody, recordkeeping, and transfer of Natural Capital Credits under the Natural Forest Standard
Fireside Friday with… Commercial Bank of Kuwait’s Alex Krunic
Alex Krunic, senior adviser to the chairman at Commercial Bank of Kuwait, discusses the Middle East's growing relevance for global investors, the rise of digitisation, and why custodians are scaling up to meet surging regional demand.
BNP Paribas’ securities services revenue surges 13.4% in Q1 2025
Assets under custody and administration rebounds to €16.6 trillion amid strong client activity and market momentum.
Northern Trust’s Q1 asset servicing fees rise 5%
The bank also posted a modest growth in custody fees and client assets under administration.
Standard Chartered launches direct custody service in Saudi Arabia
The new service enables clients to hold and protect financial assets locally and marks the bank’s continued development of post-trade infrastructure in the region.
JP Morgan picks up servicing mandate for Iceland’s Pension Fund of Commerce
Custodian will provide global custody, fund accounting, FX, performance, risk and compliance reporting services across LV’s securities portfolio.
Macro environment not impacting new business wins, say BNY and State Street CEOs
The chief executives of BNY and State Street both say it’s business as usual with regards to client activity and new mandates despite the uncertainty of the macro environment.