All custody news

Citi scores mandate with Canada's broadcasting corporation

20 November 2013 Toronto
Reporter: Georgina Lavers

Citi has been selected to provide custody and administration services to the Canadian Broadcasting Corporation Pension Plan, the first mandate of its kind for Citi in Canada...

CACEIS to take care of real estate

14 November 2013 Leipzig
Reporter: Georgina Lavers

The German asset manager, publity Performance GmbH, has mandated CACEIS to act as depository for its real estate mutual funds...

FCA: buy side should question custodians

04 November 2013 London
Reporter: Mark Dugdale

Asset managers must continue to hold custodian banks to account to ensure that they are getting the services they expect at the correct price, according to the UK Financial Conduct Authority’s director of supervision...

BNP Paribas scoops up Brazilian mandate

23 October 2013 London
Reporter: Jenna Jones

BB Gestão de Recursos DTVM’s has selected BNP Paribas Securities Services to provide global custody, fund administration and depository bank services to its $7 billion qualifying investor fund...

Norther Trust's third quarter reveals AUC growth

22 October 2013 Chicago
Reporter: Georgina Lavers

Northern Trust’s assets under custody have increased by 10 percent year-on-year, and 5 percent sequentially, for its third quarter results this year...

Post-communist Romanian fund appoints SocGen

22 October 2013 Bucharest
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been appointed by S.C. Fondul Proprietatea to act as its custody and depository agent bank in Romania...

Foreign currency to thank for BNY Mellon’s AUC growth

21 October 2013 New York
Reporter: Georgina Lavers

BNY Mellon recorded a 4 percent increase in assets under custody year-on-year for Q3 2013...

CIBC Mellon keeps newspaper mandate

18 October 2013 Halifax
Reporter: Georgina Lavers

CIBC Mellon has been kept as the asset servicing provider for the Halifax Herald Limited, publisher of The Chronicle Herald newspaper...

Standard Chartered picks up UAE mandate

14 October 2013 United Arab Emirates
Reporter: Georgina Lavers

Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital, an investment institution in the United Arab Emirates...

BNY Mellon picks up lucrative Hawaii mandate

10 October 2013 Hawaii
Reporter: Georgina Lavers

BNY Mellon has been named global custodian by the Employees’ Retirement System of the State of Hawaii (HIERS), encompassing more than $12.3 billion in pension fund assets...

Kentucky names BNY Mellon as custodian

09 October 2013 New York
Reporter: Mark Dugdale

Kentucky Retirement Systems has named BNY Mellon as its global custodian. The bank will provide global custody, cash management, foreign exchange, private equity administration, and a range of global risk solutions services..

Stanbic IBTC selected as custodian for BNP Paribas

09 October 2013 Nigeria
Reporter: Georgina Lavers

Stanbic IBTC, a member of Standard Bank Group, has been selected as the custodian for BNP Paribas Securities Services in Nigeria...

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