Citi and State Street join FundGuard’s $40m Series B investment round
The investment management platform will use the injection of funds to bring on additional resources and identify new areas to expand its products and services.
The investment management platform will use the injection of funds to bring on additional resources and identify new areas to expand its products and services.
Minimal exposure to Russia and Ukraine, new business wins and solid net inflows behind the custodian’s strong quarterly performance.
Global custodian to provide ETF basket services, fund accounting, fund administration, order-taking and transfer agency services.
BNY Mellon and State Street may be the two largest custodians in the world, but don’t for one moment believe that either is happy with second place in a business where size and success are easily measured. Here, Jonathan Watkins dives deep into the ongoing grappling for superiority, along with their different approaches, strategies and fortunes as both make a play for the throne in 2022.
Custodians join 24 other European wholesale banking groups on AFME’s governing body.
Through the new agreement the custodian will provide trust, custody, asset management, securities lending and transition management services.
Marty Tell, who is retiring next year, will be replaced by the incoming head of the bank’s finance division, who has been promoted to the role.
Long-serving State Street executive takes on dual role within Euronext’s CSD operations.
Through the new partnership, Collateral+ is looking to optimise margin and carry cost impact and provide the best trade route with the lowest cost as State Street eyes front-office benefits for the service.
New partnership extends State Street Alpha’s capabilities through the enhancement of its Alpha Data Services offering.