All custody news

GCF: Depository banks need more grilling

30 November 2016 London
Reporter: Drew Nicol

Neither investors or counterparties are doing enough to challenge depository banks on their ability to weather so-called 'black swan' events, according to delegates at Global Custody Forum in London...

BNY Mellon acts as trustee on Aberdeen bond

23 November 2016 Aberdeen
Reporter: Mark Dugdale

BNY Mellon has been appointed as trustee and paying agent on Aberdeen City Council's £370 million bond for infrastructure projects...

SGSS wins European custody mandate

22 November 2016 Paris
Reporter: Stephanie Palmer

Societe Generale Securities Services has been selected by publicly-owned French bank SFIL, and its financing institution CAFFIL, to provide global custody for assets in Europe...

RBC I&TS mandated for innovative biotech fund

17 November 2016 Paris
Reporter: Stephanie Palmer

iBionext has chosen RBC Investor & Treasury Services to provide custody services for its new innovation fund, the iBionext Growth Fund for institutional biotech investors...

State Street sees 7 percent rise in custody fees

26 October 2016 Boston
Reporter: Drew Nicol

Revenue from State Street’s assets under custody increased by 7 percent in Q3 2016...

State Street and PIMCO renew back-office deal

25 October 2016 Boston
Reporter: Drew Nicol

State Street has renewed its 16-year partnership with PIMCO to provide outsourced investment management services including collateral management and derivatives processing...

New York pension funds taken to task by DFS

18 October 2016 New York
Reporter: Drew Nicol

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