Survey shows majority of market participants believe digital assets will replace fiat currencies within the next decade with custodians set for key role in the future.
Citi will be able to begin offering local custody services to China’s $19 trillion asset management market, which has been a long-term target for global custodians.
Mandate extends BNY Mellon’s relationship with the Dutch-based investment firm as it continues to grow its European business.
The appointment follows a spree of global custody mandates won by HSBC in the UK.
As Apex Group beats out M&A rival to secure deal for the coveted Mainstream Group and earns new private equity backing, its founder and CEO says the acquisition sends a statement to the market.
The jump in AuC/A values reflected higher market values, net new business and the favourable impact of a weaker US dollar.
New service model designed for institutional investors in the Middle East and North Africa will combine local expertise with global securities services capabilities.
The mandate will cover custodian banking, registrar, middle-office and fund administration services for Épopée Gestion.
New solution allows market infrastructure institutions to support tokenised asset classes and drive growth.