Russia exit drives Q4 surge for Citi’s securities services business
Annual revenue grows 15% to $5.8 billion – marking the fifth consecutive year of revenue growth for the firm.
Annual revenue grows 15% to $5.8 billion – marking the fifth consecutive year of revenue growth for the firm.
The renewed agreement with the Swedish pension provider includes custody and investment operations services.
Wide-ranging mandate covers custody, administration, middle-office and depositary services for new ELTIF in France.
Custodian posts thirteenth consecutive quarter of year-on-year revenue growth, extending a streak that began in Q4 2022.
Assets under custody/administration reach $59.3 trillion, as the global bank rounds off stellar year.
The mandate supports launch of US and European equity strategies, with additional products planned.
Counting down from 5-1 of the most read news stories on Global Custodian over the past 12 months, featuring HSBC, BNY, JP Morgan and State Street.
No longer considered the quiet plumbing of global finance, the custody industry now finds itself at the centre of innovation, scale and strategic influence, with the largest players enjoying an elongated purple patch of rising AUC, strong revenues and a diversified service offering. The four biggest custodians sit down with Global Custodian under the Chatham House Rule for a rare, candid exchange about the transformation sweeping through their industry.
Counting down from 10 to 6 of the most read news stories of the year on Global Custodian over the past 12 months, featuring DTCC, State Street and HSBC.
The first instalment of our annual review shines a spotlight on the most read interviews, features, blogs and multimedia content of the past 12 months, along with our own favourite stories of the year.