New research from industry analytics provider Coalition showed revenues from global securities services providers collectively reached $37.2 billion in 2018.
Tag: JP Morgan
JP Morgan has increased spending for the business’s technology by a third, and now has one of the highest operating margins than all of the global custodians.
A UBS survey showed 87% of participants from banks with assets of $250 billion and above believe technology spending will increase annually over the next three years.
The transaction immediately follows the recent regulatory approval for DTCC to expand the DTCC its sponsored service clearing programme.
IHS Markit has hired the former head of agency lending sales, EMEA at JP Morgan in a new role focusing on services to beneficial owners.
Fearless girls: How State Street and the largest custodians are addressing the gender imbalance in senior leadership roles
State Street's unveiled the Fearless Girl statue in London this week, but what are the custodian and its industry counterparts doing internally to address gender inequality?
Also known as Delta One, the synthetic prime brokerage business accounted for nearly half of JP Morgan’s total global prime finance revenue in 2018.
Assets under custody fall for State Street as do servicing revenues.
The eighth action against a bank or broker, and fourth action against a depositary bank, resulting from the SEC’s ongoing investigation into abusive ADR pre-release practices.
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.