Tag: Nordics

Custody March 26, 2021 10:27 AM GMT

Fireside Fridays with… SEB’s Ann Magnusson and Christine Strandberg

With a wave of sub-custody exits in the Nordics, SEB is the last remaining local provider operating in the region. GC speak to Ann Magnusson, head of investor services, and Christine Strandberg, regulatory manager, on how it is facing up to the challenges of regulation, technology and increased competition from global custodians.

Custody February 24, 2021 1:04 PM GMT

Nordea exits sub-custody for the Nordics, agrees deal with Citi for client transition

Local sub-custody providers have faced a challenging environment amid growing competition from global custody banks and increased regulatory costs.

Custody February 9, 2021 10:49 AM GMT

Northern Trust renews asset servicing mandate with Norway’s largest life insurer

The mandate follows the launch of its new Oslo-based office, its second in the Nordic region, where it will offer onshore depositary services to buy-side firms.

Custody February 3, 2021 10:51 AM GMT

Northern Trust expands Nordics presence with new Norway branch

The Nordics has become a key region for custodians to expand their capabilities, as many have established new on-the-ground presence.

Custody January 27, 2021 3:03 PM GMT

BNY Mellon acquires Danish depositary business from Nykredit

The acquisition is the latest effort by BNY Mellon to expand its capabilities in Denmark and the Nordic region.

People Moves January 8, 2021 12:56 PM GMT

Nordic sales executive departs BNP Paribas Securities Services for FNZ

The hire will help develop and grow FNZ's business in the Nordic region for the financial and securities industry.

Custody December 7, 2020 1:03 PM GMT

JP Morgan wins back global custody mandate for Finland’s government pension fund

JP Morgan will provide a full range of custody services for VER’s equity and fixed income portfolios, valued in the region of €8 billion.

Custody October 13, 2020 10:36 AM GMT

BNY Mellon renews global custody deal with Sweden’s AP7

The renewal continues a 14-year relationship between the two firms, after AP7 carried out a detailed procurement process that started in March last year.

October 5, 2020 9:28 AM GMT

What’s in a label?

White label solutions have re-emerged as a trend for global custodians to offer their technology and global custody product to local banks. What is fuelling the white label custody model and is their potential for it to expand across securities services?

People Moves September 16, 2020 10:17 AM GMT

Danske Bank names a new tribe lead for post-trade services

Securities services veteran takes on new post-trade role as part of a transformation programme at Danske Bank.