HSBC wins £4 billion pension fund custody mandate
HSBC was one of the first custodians to win contracts under the LGPS Framework for Global Custody Services in 2014.
Tag: custody
Nomura becomes first digital asset custody bank
Many institutional investors have held back from large-scale investing in cryptocurrencies, largely because of a lack of certainty around the storage and security of digital assets.
Apex appoints Dinn to oversee sales following acquisition spree
Dinn will be responsible for expanding Apex Group’s presence in the custody and depositary market on a global scale.
Dolfin to launch custody and depositary services in Malta
The depositary will be able to link its UK private and wealth clients to global custodians based in Malta.
BAU for Polish custody businesses after RBI/BNP Paribas Polish deal
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.
FCA report gives asset managers leverage on custody and fund admin fees
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...
FCA to step up oversight of third-party outsourcing
UK regulator to target business models of third-party outsourcing providers as part of its 2018/19 Business Strategy.
Brave custodians could be rewarded in crypto market – McKinsey
State Street have previously voiced their interest in providing custody services to crypto assets.
SIX Securities Services to lower clearing and custody fees
The decision comes amid wider fee pressure from asset managers and other client types as they look to reduce their own operating costs.
Private equity management shake-up for CACEIS
CACEIS adds Crédit Agricole investment banking head in private equity division.