Raiffeisen Bank International is to sell its core banking operations in Poland to BNP Paribas S.A, however it seems unlikely to have a significant impact on the custody clients of the two banks.
The fee pressure being applied by asset managers on their custodians, administrators and depositaries is not going to level out anytime soon, and may arguably accelerate following the publication...
UK regulator to target business models of third-party outsourcing providers as part of its 2018/19 Business Strategy.
State Street have previously voiced their interest in providing custody services to crypto assets.
The decision comes amid wider fee pressure from asset managers and other client types as they look to reduce their own operating costs.
CACEIS adds Crédit Agricole investment banking head in private equity division.
The ROBO Global Robotics and Automation Index ETF has seen its assets double in the last five months to reach over $2 billion.
State Street said it is considering launching services for hedge funds that have launched crypto funds.
Heitsenrether played a leading role in the landmark $1 trillion custody deal with BlackRock last year.
Revenues for JP Morgan's securities services business hit over $1 billion for the second consecutive quarter.