Northern Trust appoints new chief operating officer for asset servicing
A busy month of personnel moves for the custodian now sees the appointment of a new COO for the asset servicing business.
State Street’s head of digital asset solutions departs after less than a year
The hire in October 2024 had seen State Street add the digital asset expert from custody rival BNY.
U.S. Bank names new lead for Investment Services division
Former Citco, Citi and BNY executive will head up newly merged global fund services and corporate trust teams.
Northern Trust names new global head of sales for asset servicing
Replacement follows planned retirement of incumbent global head of sales for asset servicing, revealed by Global Custodian last week.
Northern Trust’s global head of asset servicing sales to retire
Industry veteran had been with Northern Trust since 2008 after 20 years with BNY.
State Street builds on record year with strong Q1 performance
Servicing fee revenue up 6% year-on-year for State Street along with new back-office wins and an Alpha mandate.
Global Custodian partners with Chainlink on new podcast series exploring the convergence of traditional and decentralised finance
The first episode of the new series is now available, featuring an interview with Chainlink co-founder, Sergey Nazarov, discussing how traditional and decentralised finance are converging to redefine global capital markets.
Citi posts flat securities services revenue in Q1
First quarter revenue ends a remarkable run of 17 consecutive quarters of year-on-year growth for the custodian.
JP Morgan reports 7% securities services growth in first quarter
Strong start to the year for JP Morgan’s securities services business which reports revenue and assets under custody growth.
BNY fast out the blocks in Q1 with 8% securities services revenue increase
Year-on-year uptick stems from increases across all securities services units as AUC/A also rises again.