The extension of this mandate follows an evaluation of the market and an assessment of which custodian was best placed to meet the $21 billion fund’s increasing strategic needs
BNY Mellon has received authorisation from the Saudi Arabia Capital Market Authority board of commissioners to conduct custody activities in the country
Citi has been appointed as the global custody solutions provider for Mitsubishi UFJ Investor Services & Banking Luxembourg, resulting in the transfer of approximately $630 billion of assets onto Citi’s platform
The China Securities Regulatory Commission and the China Bank and Insurance Regulatory Commission have jointly revised the administrative measures on custodian business for securities investment funds
BNY Mellon and Deutsche Bank have partnered to develop a new application programming interface (API)-enabled FX solution for restricted emerging-market currency trades
Northern Trust has been selected by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre funds in the Middle East
The global custody services market is expected to decline by 2.8 percent to $64.27 billion as a result of the ongoing COVID-19 pandemic and the measures to contain it
CIBC Mellon has been selected to provide custody, fund accounting and ETF servicing for CI Financial's 14 Toronto Stock Exchange-listed CI WisdomTree ETFs
