Northern Trust gains regulatory approval to offer custody services in Switzerland
The new Depotbank service will be led by Marco Wiegmann, who joined Northern Trust in September after 10 years spent with RBC I&TS.
Tag: custody
Global Custodian reveals full list of Leaders in Custody Award winners
BNP Paribas Securities Services, BNY Mellon and JP Morgan win big during week of celebrations recognising the outstanding achievements of the securities services industry over the past 12 months.
Standard Chartered becomes first foreign bank to close two milestone custody mandates in China
Two mandates make the custodian the first foreign bank to execute deals in both domestic mutual fund and WFOE segments.
Digital assets move mainstream, according to joint GC and Citi research
Overwhelming percentage believe digital assets will become dominant over time, while 63% of over 200 survey participants have already begun developing a strategy.
Custody
Your complete guide to Leaders in Custody Week
A rundown of what to expect from Leaders in Custody week, how to access, how to get involved, what’s on and trailers for each of the daily headline features.
Citi to provide back-office services to Fubon Fund Management’s first Hong Kong ETPs
Citi’s custody and fund services team has been successful to win a number of key mandates from regional asset managers.
Custody
Asset servicers to explore new areas for innovation to safeguard future business models
Significant cost pressures have been a driving force behind innovation, and custodians are planning to devote a greater proportion of revenues to innovation investment.
HSBC wins custody and fund admin mandate for CC&L’s first UCITS umbrella fund
The mandate is the latest for HSBC, which has become a leading provider for international fund managers to launch UCITS funds.
Banks to realise up to $25bn in new revenues from private markets, Oliver Wyman report
The findings follows a wave of buy-side firms that have expanded into private markets in response to increasing pressure on performance and fees.
U.S. Bank appoints new president for global corporate trust and custody business
U.S. Bank names a 20-year veteran and its current corporate treasurer to take on the role of president for the global corporate trust and custody business.