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.
News
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.
Industry engagement strong in Europe ahead of T+1 transition, finds survey
Despite the positive participation, study reveals a limited amount of planned activity in 2025.
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.
CACEIS wins depositary mandate for Vesper’s maiden fund
Vesper said it was impressed by the scope of the asset servicer’s business proposal.
JP Morgan wins full securities services mandate from Singapore’s Income Insurance
Asset servicer to deliver global custody, fund accounting, regulatory reporting, compliance monitoring, cash management services, collateral management, securities lending, and data solutions to Singapore insurer with SGD40bn in assets.
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.
BNY and EquiLend support eToro in stock lending launch
The introduction of stock lending represents an expansion of the existing relationship between BNY and eToro.