State Street eyes growth in wealth space through Charles River acquisition
State Street believes it can increase its footprint in the wealth space following acquisition of front-office service provider Charles River.
Tag: State Street
Ultimus Fund Solutions recruits State Street legal expert for fund admin
David James will be responsible for all legal aspects of Ultimus’ operations and strategic initiatives, while also overseeing its fund administration department.
Prime Brokerage
Custodians break into FX services with a new angle
In January, BNY Mellon announced the launch of a FX prime brokerage service, the first custodian to enter the space. Will this mean a new approach to FX prime brokerage?
Hooley to end on a high as $1 trillion Vanguard wins push State Street back to the top
State Street announced assets under custody of $33.8 trillion, up 9% year-on-year and overtaking BNY Mellon for the first time in three years.
State Street leapfrogs BNY Mellon as world’s largest custodian
BNY Mellon held previously held the rank as the largest global custodian by assets for three straight years.
State Street to buy Charles River for $2.6 billion
Custodian announces deal to acquire investment management front office service provider Charles River Development in a landmark $2.6 billion deal.
State Street brings on FX prime brokerage expert to build out trade services
FX prime brokerage expert joins State Street in a newly created role from Standard Chartered in London.
Northern Trust wins CERN Pension Fund mandate from State Street
CERN Pension Fund CEO cites technology and value as reasons for review which will it move $4.25 billion of assets to Northern Trust for custody.
JP Morgan agency securities financing management team given new look
JP Morgan welcomes multiple new additions to its agency securities financing team to lead the business globally.
Ireland expected to overtake UK and US as favoured fund domicile
Many custodians, fund administrators and market infrastructures are planning to expand their operations in the country to meet the growth of Irish-domiciled funds.