JP Morgan’s securities services growth stalls in second quarter
Results were partially offset by increased client activity, as assets under custody increased by over 5% to $25.5 trillion.
Results were partially offset by increased client activity, as assets under custody increased by over 5% to $25.5 trillion.
Following the launch in the UK last year, Citi's Proxymity has processed over $22.5 billion worth of shares during UK shareholder meetings.
Sub-custodians are now forced to adapt their businesses to accommodate the competition posed by Investor CSD models.
Clearstream has partnered with Citi to act as its local account operator giving Ukrainian government bonds access to its ICSD network.
Former Citi and JP Morgan fund services head joins rapidly-growing team at Intertrust.
The partnership highlights a growing trend of Asian asset managers turning to securities lending as an additional source of income.
Proxymity was one of the first initiatives to be launched out of Citi’s London-based Citi D1OX programme, developed by the custody and fund services business.
Citi recently launched Advanced Citi ETF System (ACES), a new tech platform automating the entire ETF front-to-back office lifecycle.
State Street has made a number of high-profile changes to State Street’s global leadership teams since Ron O'Hanley began his tenure as CEO in January.