Citi elevates top sales executive to global head of sub-custody business
Citi has made a number of recent moves to expand its sub-custody network over the past year with new businesses in Finland, Norway and Saudi Arabia.
Tag: Sub custody
Global securities services industry sees first drop in four years
The drop across the industry bucks a four-year growth streak which begun to pick up significantly from 2016.
Morgan Stanley’s global head of network management departs
Emma Prophet had led Morgan Stanley’s global network of agent banks and central securities depository (CSD) relationships for over three years.
Custody
Vote for your Network Manager of the Year 2020
Global Custodian has released the longlist of nominations for this year's inaugural Network Manager of the Year Award, to be presented at the Leaders in Custody awards dinner.
GC Emerging Markets survey now live
The publication of the latest Agent Banks in Emerging Markets Survey points to a calming of nerves.
Market infrastructure changes in Korea spark renewed foreign institutional interest
APAC markets outside of China are seeing renewed interest from global institutional investors following a series of market structure and regulatory reforms.
Opening GCC markets provide new growth opportunities for securities services firms
Global Custodian looks at some of the critical issues discussed at The Network Forum Middle East Meeting in Oman earlier this week.
Is custody a white label brand?
Can custody be white labelled and adopted by local providers or will custodians with global sub-custody networks dominate?
BNP Paribas Securities Services inks global custody services deal for US Bank in Europe
Relationship represents over $10 billion in assets and comes seven years after BNP Paribas Securities Services embarked on its US growth strategy.
Custody
Sub-custodians look to evolve business models to fend off consolidation threat
Sub-custodians are now forced to adapt their businesses to accommodate the competition posed by Investor CSD models.