BNY expands custody and fund administration services in Abu Dhabi
New category 4 license enables BNY to offer additional services, including custody, fund administration, and credit and investment deals.
Custody
Northern Trust opens new US asset servicing hub in Boston
The office will be one of three US locations for the custodian, along with Chicago and Tempe, Arizona.
Northern Trust chosen as custodian to Fiji National Provident Fund
The engagement with Fiji's sole compulsory superannuation fund marks an expansion of Northern Trust's footprint in the Asia Pacific region.
BNP Paribas securities services mandated as custody partner for Tradegate’s new platform
Tradegate has extended its collaboration with BNP Paribas, appointing its securities services division to oversee settlement and custody for Tradegate’s latest service.
Albilad Capital mandates Riyad Capital as custodian
This mandate follows the largest Middle East listing of the Albilad CSOP ETF, offering Saudi investors 30 sharia-compliant Hong Kong stocks.
HSBC granted China domestic fund custody license
The new license aims to strengthen HSBC China’s portfolio of custody services in mainland China.
BNP Paribas posts 6% uptick in securities services revenue in Q3
Total represents the highest quarterly revenue total for the business, and the fifth consecutive quarter of growth.
Northern Trust named custodian for £4.6bn Cadent Gas Pension Scheme
Latest mandate follows a long string of deals with UK pension funds for Northern Trust this year, including partnerships with Nest and Border to Coast Pensions Partnership.
Standard Chartered mandated as OKX’s third-party custody partner
The new partnership builds on Standard Chartered’s recent digital asset announcements, including last week’s collaboration with inter-dealer broker TP ICAP and the launch of its digital asset custody service in the UAE.
HSBC securities services revenue drops 7% in Q3
Custodian attributes the decline to the sale of its hedge fund administration business to BNP Paribas.