FCA turns attention to depositaries following Woodford blow-up
Depositary industry faces mounting speculation that it could face increased regulatory scrutiny as a result of the Woodford episode.
Tag: Northern Trust
Northern Trust appointed custodian for £800m UK pension fund
The Chicago-based custodian provides asset servicing solutions to over 260 UK pension funds with collectively more than £600 billion in AUC.
Northern Trust strikes FinTech partnership for DLT bond trading platform
Northern Trust will become the exclusive asset servicing provider for the DLT-powered BondEvalue fixed income trading platform.
Citi recruits former Northern Trust CIO to oversee securities services tech
The new role will oversee all of Citi's technology teams across the global and sub-custody businesses, as well as fund, securities and issuer services.
US asset managers reaching ‘tipping point’ to outsource front-office, says Northern Trust
Custodians are aiming to evolve their outsourcing business model and leverage new technology to accommodate front-office solutions.
Industry Leaders Awards 2019: Global Custodian of the Year nominees
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Industry Leaders Awards event. Our first category is Global Custodian of the Year.
Custody
GC reveals Industry Person of the Year for North America 2019 shortlist
GC announces the three nominees who will compete for the title of Global Custodian's North America Industry Person of the Year 2019.
Network managers put sub-custody under the microscope
Network managers have had to ride the storm of regulatory and market changes, and are now through to the over side. But the impact it has had on their sub-custody relationships is profound.
Northern Trust, Societe Generale, BNY Mellon and others fined $6 million for swaps violations
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
Northern Trust’s CFO and 34-year veteran to retire in 2020
Northern Trust's current CFO of the wealth management business will take on the group CFO role next year.