News

Former Zodia Markets CEO joins to lead its digital assets strategy, bringing more than 17 years of capital markets technology experience from the likes of HSBC and Merrill Lynch. 

Asset servicing executive joins BNY following a 13-year career at JP Morgan, having previously held roles at Goldman Sachs and NatWest. 

Bank is the first applicant to be approved for the scheme, and means the firm’s Orion platform can now operate as a digital securities depository.  

Service moves beyond trials following industry testing with more than 50 firms including BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and State Street. 

Assets under custody/administration (AUC/A) rise to $62.6 trillion – up 5% from the previous quarter.  

Appointments across London, Luxembourg and Dublin include hires from State Street, Brown Brothers Harriman and NatWest, alongside an internal move from Northern Trust’s depositary services business. 

Investment targets improvements in SSI data quality, governance and automation across post-trade workflows. 

Growth in assets under custody and administration (AUC/A), alongside new client mandates and expanded ETF servicing capabilities, helped drive a strong second quarter for Citi’s securities services business. 

Higher market levels, client activity and deposit balances extend the custodian's year-on-year growth streak to 15 quarters.

Experienced executive joins with over 25 years’ senior experience in the financial services space, including stints at Citi and Northern Trust.