BNY Mellon completes onboarding of Korea’s NPS fixed income assets
The completion of the onboarding process comes just three months after NPS agreed to the deal with BNY Mellon.
Tag: global custody
HSBC Securities Services records 11% growth for 2018
Revenues for HSBC Securities Services grew 11% to nearly $2 billion over the year, in which it was boosted by its global custody business.
BNY Mellon, State Street reportedly set to open new Korean office to align with $570 billion pension fund
Both banks signed a global custody mandate with Korea's NPS last year, which the pension fund hopes the banks can help it tap deeper into new asset classes.
Old kid, new block
Six years ago, BNP Paribas was the only top five global custodian without a presence in the US. Since then, it has established a New York-based operation. How has the bank approached the challenge of breaking in to such a mature market?
JP Morgan’s former Americas head of global custody joins BNP Paribas
Bon spent 17 years at JP Morgan in a variety of senior roles in New York and London, most recently leading the direct and global custody business in the Americas.
Global custodians must bolster R&D departments to fend off FinTech threat
Custodians will have to up the ante on their research and development (R&D) programmes to ward off disruptive threats from new entrants.
BNP Paribas Securities Services wins $600 million global custody mandate
BNP Paribas will provide CMC Markets with custody and settlement services for its trading activities across 11 countries.
State Street takes on global custody mandate for Swedbank
State Street takes over the mandate from JP Morgan, which has served as global custodian for Swedbank since 2000.
BNY Mellon earns global custody renewal from £28 billion UK pension fund
The mandate, which includes core custody, securities lending, FX and cash management, renews a 22-year relationship with RPMI Railpen.
Italy’s DEPObank chooses BNY Mellon for global custody
BNY Mellon will become the sub-depository for the custody of foreign equity assets from the first quarter of 2019.