State Street has renewed its 16-year partnership with PIMCO to provide outsourced investment management services including collateral management and derivatives processing...
The New York State Common Retirement Fund, the investment arm of several New York state pension funds, has been accused of running “misguided investment scheme” and failing to “adjust and anticipate potential future losses” in a scathing repo
18 October 2016Stockholm Reporter: Stephanie Palmer
Swedish financial services group Nordea has appointed BNY Mellon to provide custody services for its US debt and equity portfolios, valued at over $7 billion...
The blurring of custody and investment business lines among global systemically important banks can create a “high level of risk with regard to asset safety”...
14 September 2016Tel Aviv Reporter: Stephanie Palmer
BNY Mellon has been selected by Israeli insurance company Clal Insurance to provide global custody and cash management services for assets totalling over $7 billion...
The value of assets under custody at Clearstream remains healthy, with €13.03 trillion registered in July, only slightly lower than the same month in 2015...
Citi has made improvements to its integrated custody programme, extending cut-off times for settlement and cash instructions for global custody accounts...
11 July 2016Richmond, Virginia Reporter: Stephanie Palmer
Northern Trust has been selected to provide global custody services for the investment funds of the Virginia Commonwealth University Investment Management Company...
06 July 2016Washington DC Reporter: Stephanie Palmer
BNP Paribas Securities Services has become a direct securities participant of the US Federal Reserve and the Peruvian CSD, improving its custody services in both markets...
BNY Mellon has been appointed as global custodian and fund administrator to the first liquid, tradable and transparent ETF listed in the Middle East under the UAE’s new regulations...
