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U.S. Bank completes stablecoin pilot transaction
09 September 2026 US
Reporter: Matthew Challis

A cross-border payment using USBDC was executed on the Stellar blockchain between U.S. Bank entities in North America and Europe, evaluating minting, payment redemption, freezing, and clawback capabilities

U.S. Bank launches Private Waterfall Engine
08 September 2026 US
Reporter: Zarah Choudhary

The technology supports multiple waterfall methodologies and automates carried interest, performance fee, and distribution calculations

U.S. Bank deploys Fenergo’s Fen-X platform
20 August 2026 US
Reporter: Zarah Choudhary

Fen-X is designed to automate the manual processes associated with onboarding underlying investors and direct client relationships, helping to accelerate account setup while maintaining regulatory requirements

U.S. Bank Investment Services goes live with a new CLM platform
04 August 2026 US
Reporter: Zarah Choudhary

The bank says that the implementation is a key milestone in Investment Services’ multi-phased technology transformation strategy, aimed at modernising processes, workflows, and reporting across the private funds space

Barys to lead new U.S. Bank custody unit
02 July 2026 US
Reporter: Matthew Challis

Within the firm’s Investment Services division, Custody for Asset Managers will be headed by Wally Barys, bringing together specialised expertise, global market access, and a more streamlined experience for asset managers

Major financial institutions unveil bank-led onchain money initiative
08 June 2026 US
Reporter: Tahlia Kraefft

Bank of America, BNY, Citi, Wells Fargo, J.P Morgan are part of a group of banks that have launched a digital payments initiative that links onchain activity with traditional payment rails

U.S. Bank welcomes Flanagan
18 March 2026 US
Reporter: Tahlia Kraefft

Based in New York, Alan Flanagan will offer product solutions for alternative investments, mutual funds, exchange-traded products, CLOs, and municipal trust services

U.S. Bank appoints MUFG and Citi as sub-custodians
03 December 2025 US
Reporter: Zarah Choudhary

U.S. Bank is using MUFG as sub-custodian for Japan and Citi will be the sub-custodian for Indonesia, Malaysia, Thailand and Vietnam

U.S. Bank chosen to offer custody services
09 October 2025 US
Reporter: Tahlia Kraefft

Anchorage Digital Bank introduced its stablecoin issuance platform in July 2025, immediately after the Genius Act was adopted

U.S. Bank National Association joins CLSSettlement
17 September 2025 US
Reporter: Zarah Choudhary

The bank is the third settlement member to join this year, bringing the total number to 76

US Bank restarts bitcoin institutional crypto custody service
04 September 2025 US
Reporter: Tahlia Kraefft

The programme was initially announced in 2021 and will include bitcoin exchange-traded funds for the first time

U.S. Bank Global Fund Services picks Fenergo
20 May 2025 US
Reporter: Clelia Frondaroli

The bank says this signals the first step to a large-scale transformation for the funds servicing business