State Street taps Northern Trust for new India CEO role
The appointment follows the retirement of a 30-year State Street veteran Sri Pools, who had led the India business for more than two years.
Tag: Northern Trust
Plan BBH: How the custodian is facing up to merger talks, client exits and industry-wide pressures
Global Custodian goes under the hood of the Boston-based private bank to examine how it is seeking to retain business with existing clients, the challenges it faces from technology and regulation, and in the possibility that BBH does agree to sell the custody business, who could be in a position to strike a deal.
Northern Trust’s head of Americas asset servicing departs
Chicago-headquartered custodian see's top US asset servicing exec leave after spending three years driving its front-to-back-office solutions for buy-side clients.
Custody
BBH and BNP Paribas Securities Services held merger talks last year – sources
BBH has been the subject of acquisition talks for a number of years, with Northern Trust also holding similar discussions in 2018 and 2019, Global Custodian understands.
Northern Trust and Standard Chartered’s Zodia Custody receives FCA registration
The registration enables it to provide commercial services to clients as a crypto-asset business, a key milestone as it prepares to launch.
Almost all buy-side firms use data science to opitimise performance, Northern Trust finds
A Northern Trust survey found that 98% of buy-side firms are using data science or planning to pursue it to optimise performance in the next two years.
Eight UK pension schemes appoint Northern Trust to provide global custody services
Mandate represents over $60 billion is assets as UK pension funds leverage a united scheme to make cost savings on their global custody agreement.
Northern Trust launches first initiative to digitise alternatives asset servicing
Intelligent document capture marks the first step in the custodian's alternative asset servicing plan, built on machine learning, artificial intelligence and cloud computing solutions.
Northern Trust partners with 3D to support asset managers’ fund distribution oversight
New solution will allow Northern Trust’s clients to evidence oversight and accountability for meeting their regulatory obligations.
Northern Trust to deliver ESG insights to Marks & Spencer Pension Trust
ESG analytics provided by Northern Trust will support M&SPT’s oversight, governance and reporting of investments.