An overview of the first documentary launched during Leaders in Custody Week as sub-custodians discuss a shifting landscape, plus find out more about our Innovation Award winners and the newest GC Legend.
Tag: Sub custody
As part of the launch, BNP Paribas Securities Services has become a direct participant in the Chilean CSD, Depósito Central de Valores.
Global custodians and institutional investors could further be encouraged to adopt digital assets by using specialist digital asset sub-custodians.
Local sub-custody providers have faced a challenging environment amid growing competition from global custody banks and increased regulatory costs.
Deutsche Bank’s sub-custody business dealt a huge setback as its biggest client severs ties, casting a shadow over the German securities services provider’s future.
The launch of the Finland direct custody service marks the completion of a 14-year build-out of its Nordic sub-custody business by the US bank.
DZ Privatbank consolidated its fixed income and equity assets in Luxembourg and migrated them to Deutsche Bank’s platform in Spain.
The decision comes after a strategic review on its securities services businesses in the region, and has instead opted to focus on its global custody product.