The $50 billion New York-based fund manager has used both BNY Mellon and State Street as custodians for its global ETF product range.
GC Legend takes up new role at Commerzbank as part of an organisational restructure.
The custodial membership will allow Euroclear to provide settlement and asset services through a direct account with the Israeli CSD.
BNP Paribas Securities Services saw revenues increased 12%, in comparison to the second quarter last year, to €596 million.
Total revenues for Brussels-based Euroclear and Luxembourg-based Clearstream increased 8% and 6% respectively.
Ron O’Hanley, CEO and president of State Street, explained this period of ‘extraordinary price pressure’ could be levelling out for the global custodian.
RBC I&TS will create a new head of investor services role, promoting one of its top executives to lead the business.
NPS extended its back-office mandate for their global equities portfolio with State Street to also include the middle-office.