Tag: JP Morgan

SEB loses head of investor services for Finland after over a decade with the bank.

Major partnership will provide mutual buy-side clients a real-time settlement solution, in the first of a series of ongoing front-to-back integration points between the two firms.

Through the asset manager’s ‘Morgan Money’ trading platform, it has become the first in the market to offer automated settlement with Calastone's technology. 

Mixed fortunes for European custodians with a combination of double-digit revenue growth and some large declines during the first quarter.

Proxymity is now backed by a consortium of global custodians, custody banks and issuer agents including BNY Mellon, Clearstream, Deutsche Bank, HSBC, JP Morgan, and State Street.

HSBC Securities Services hires former Citi and JP Morgan veteran to lead asset manager and asset owner sales and client managemet. 

Ohio State Treasurer stated in a memo the move would “reduce overall fees" from its current custodian. 

The $35 billion super fund decided to defer the move from a ‘risk management perspective’, given the extreme market volatility caused by the COVID-19 virus.

JP Morgan has now moved up to number two in the global custody rankings with just under $27 trillion of assets under custody.