Northern Trust has reported a 7 percent year-on-year growth in assets under custody and/or administration to $12.1 trillion, according to its Q2 2020 figures
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
The World Federation of Exchanges has called for a response to the development of global stablecoins by creating a common taxonomy to better cover crypto assets
Citi has launched a proprietary solution using bot technology to offer securities services clients in Hong Kong real-time processing for matching and settlement