BNY Mellon sees custody assets jump by over a fifth, while asset servicing revenues fall
The jump in AuC/A values reflected higher market values, net new business and the favourable impact of a weaker US dollar.
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.
The new Depotbank service will be led by Marco Wiegmann, who joined Northern Trust in September after 10 years spent with RBC I&TS.
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.
Two mandates make the custodian the first foreign bank to execute deals in both domestic mutual fund and WFOE segments.
Overwhelming percentage believe digital assets will become dominant over time, while 63% of over 200 survey participants have already begun developing a strategy.
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’s custody and fund services team has been successful to win a number of key mandates from regional asset managers.