Tag: U.S. Bank

Agreement sees U.S Bank providing custody services to Pacer Financial's three new European ETFs. 

The collaboration extends across various jurisdictions, including Luxembourg, the US, and Ireland.  

U.S. Bank Global Fund Services will offer crypto custody through the engagement of a sub-custodian, and has been appointed as the fund admin for NYDIG.

Securrency will use the proceeds to develop blockchain-based infrastructure solutions for investors, including the two US banks.  

U.S. Bank names a 20-year veteran and its current corporate treasurer to take on the role of president for the global corporate trust and custody business.

Custodians and fund administrators are bracing for an influx of asset managers to launch new private markets funds in Ireland. 

The former State Street and Maitland veteran will be responsible for connecting investment managers with its newly launched Luxembourg alternatives funds services business.

The deal will see U.S. Bank take on 600 client relationships representing around $320 billion in assets under custody and administration.  

U.S. Bank joins more than 50 other SEI clients across the industry utilising SEI's Wealth Platform as a core technology infrastructure.

The establishment of the new business will enable U.S. Bank to provide fund services to AIFs in two of the main cross-border fund hubs.