BNY retains Korea’s NPS overseas custody mandate
Pension fund is expected to finalise new agreements in early 2027.
Custody
State Street renews asset servicing mandate with Korea’s NPS
Renewed agreement covers back- and middle-office services for the pension fund's global equity and alternatives portfolios.
Standard Chartered launches integrated USDC access with Circle
Service allows eligible institutional clients to mint and redeem USDC through the bank without requiring a direct account with Circle.
U.S. Bank establishes dedicated custody unit for asset managers
New business sits within U.S. Bank's investment services division and brings together its existing fund custody capabilities.
BNY rolls out USDC capabilities on digital custody platform
New functionality, developed with Circle, allows institutional clients to custody, mint and redeem USDC through a single operating framework.
Citi mandated by Global X ETFs Australia for custody and fund administration
Appointment follows market review as ETF provider selects Citi’s global servicing and local market capabilities.
Northern Trust mandated as custodian as Archax launches $GOVY perpetual T-Bill token
US T-Bills held 1:1 in custody with Northern Trust mandated as safekeeper, while Archax provides regulated token-layer custody.
Northern Trust appointed custodian as Frontier launches ICIO service in Australia
Global custodian to provide asset servicing for new institutional advisory and portfolio management model.
BNP Paribas secures €8bn custody and depositary mandate from BCC Risparmio & Previdenza
Securities services provider to support €8 billion in pension and UCITS fund assets.
Northern Trust receives approval for Irish banking branch
Move expands the firm's European banking footprint as incoming EU regulations reshape the framework for third-country institutions servicing regional clients.