Northern Trust mandated by AU$1.5bn Generation Life for custody and asset servicing
The custodian will provide Melbourne-based Generation Life with global custody and valuation reporting services for its AU$1.5 billion ($948 million) portfolio.
Custody
Fireside Friday with… BBH’s Catherine Dawson
Brown Brothers Harriman’s global head of product for financial institutions speaks on the importance of building strategic partnerships, in a landscape where providers are being asked to do more for less.
HSBC’s annual securities services revenue drops 5% to $2.2bn
The firm’s securities financing business saw a 36% jump in revenue to $1.5 billion over 2024, driven by robust demand.
BNP Paribas’ securities services selects Broadridge’s class action solution
Under this arrangement, Broadridge will manage class action claims on behalf of BNP Paribas’ clients.
BlackRock integration unifies BNY and State Street services for Korea’s NPS
The integrated platform, gone live across NPS’ global operations, provides investment teams with a holistic view of global equity and fixed income portfolios on a single platform.
Northern Trust picks up asset servicing mandate for Alchemy’s latest fund
The fund exceeded its initial fundraising target, securing commitments of approximately €1 billion.
State Street’s Australian assets under custody soar in new challenge to JP Morgan’s throne
Data shows State Street’s Australian custody assets rose 20% in H2 2024 to over one trillion dollars, the largest gain among top custodians over the six-month period.
Deutsche Bank-backed Taurus expands custody services with Solana integration
The integration will enable financial institutions to securely custody, stake and issue tokenised assets on the blockchain.
Custody
Fireside Friday with… BNP Paribas’ Thorsten Gommel
BNP Paribas’ head of securities services for Germany, Austria, Netherlands and the Nordics discusses the impact of market consolidation in the region and how the turbulent interest rate environment has impacted providers.
Standard Chartered supports ChinaAMC with custody for launch of tokenised retail fund
The launch is said to be the first tokenised retail money market fund in Asia Pacific as Standard Chartered continues to aggressively pursue digital asset opportunities.