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Global Asset Servicing News and Commentary

Custody news

State Street extends strategic relationship with Intesa Sanpaolo

11 November 2025 Italy, US
Reporter: Tahlia Kraefft

As part of this expanded relationship, State Street has entered into an agreement with Intesa Sanpaolo to outsource custody back office operations of the Italian bank

BNP Paribas selected to offer custody and settlement services

08 September 2025 Italy, Germany, and Luxembourg
Reporter: Tahlia Kraefft

The global custodian will assist UniCredit to standardise and optimise its operations in select countries

Zodia Custody enters partnership with Membrane Labs

14 August 2025 US and UK
Reporter: Hansa Tote

The firm say the partnership will allow Zodia Custody to enhance its ability to offer clients an integrated, enterprise grade financing solution across digital assets

Allianz Australia appoints HSBC

14 August 2025 Australia
Reporter: Hansa Tote

OpenEden appoints Bank of New York

14 August 2025 Singapore
Reporter: Hansa Tote

J.P. Morgan wins US$200 billion California custody mandate

08 August 2025 US
Reporter: Karl Loomes

The California State Treasurer’s Office selects J.P. Morgan Securities Services for custody of state investment and insurer assets

Northern Trust appointed custodian for BPF Beton

02 June 2025 The Netherlands
Reporter: Jack McRae

Northern Trust will provide global custody, regulatory reporting, valuation and accounting, and performance analytics services for the Dutch pension fund

Oak Pensioenfonds picks BNP Paribas as global custodian

27 May 2025 Netherlands
Reporter: Clelia Frondaroli

The agreement will see BNP Paribas providing custody and administration services, including investment administration and performance measurement, to Oak Pensioenfonds

BlackRock selects Anchorage Digital as crypto custodian

08 April 2025 US
Reporter: Clelia Frondaroli

Anchorage Digital, as the only US federally chartered digital asset bank, will support spot crypto EPTs and BlackRock funds, the company says

Leading the Way

Global Asset Servicing News and Commentary