Results were partially offset by increased client activity, as assets under custody increased by over 5% to $25.5 trillion.
Tag: securities services
The German bank's global head of securities services departs after a year in the role, as Deutsche Bank names successor in New York.
The partnership is the latest in JP Morgan’s strategy to collaborate with FinTech firms and provide its clients middle and back-office data to front-office decision makers.
State Street and Charles River to discuss front-to-back offering alongside stellar buy-side line-up at the GC Forum
Custodians, asset managers, hedge funds, tech vendors and crypto experts will take to the stage for the second annual Global Custodian Forum to be held in London on 23 May.
The partnership will enable Standard Chartered to provide agency securities lending to both custody and non-custody clients.
Northern Trust underwent an organisational restructure within its asset servicing leadership at the end of last year.
Deutsche Bank is looking to further develop its digital capabilities, following the go-live of its chatbot Debbie last year.
Satvinder Singh stepped down in December 2017, and Fiona Gallagher, Deutsche Bank’s chief country officer for Ireland, took over the role in April last year.
The newly created role will involve leading Deutsche Bank's securities services strategy in the region, covering mainland China, Hong Kong and Taiwan.