Northern Trust renews asset servicing mandate with Norway’s largest life insurer
The mandate follows the launch of its new Oslo-based office, its second in the Nordic region, where it will offer onshore depositary services to buy-side firms.
Tag: Norway
Northern Trust expands Nordics presence with new Norway branch
The Nordics has become a key region for custodians to expand their capabilities, as many have established new on-the-ground presence.
Nordic CSDs eye working group to tackle new European standards
Regulatory and operational costs factors may require regional CSDs to band together and overcome these new pressures.
Northern Trust lands asset servicing mandate from $86 billion Norwegian asset manager
The mandate will include global custody and fund administration services for Storebrand's AIF and UCITS Luxembourg-domiciled funds.
Citi launches sub-custody and clearing in Norway
Citi already offers direct custody and clearing services in Denmark, Finland and Sweden, with expansion taking its European sub-custody network to 37 markets.
Torstone Technology signs post-trade deal with ABG Sundal Collier
The deal comes six months after Torstone entered the Norwegian market following its connection to the local CSD.
DNB Bank to shut foreign custody business
Increased competition from its Nordic rivals has created a tougher environment for DNB to secure international sub-custody clients in the country.