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All custody news

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European Bank mandates Societe Generale in Romania


15 January 2014 Romania
Reporter: Daniel Jackson

Societe Generale Securities Services in Romania has been mandated by the European Bank for Reconstruction and Development to act as its custody bank in Romania...
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Clearstream's custody is solid for 2013


13 January 2014 Frankfurt
Reporter: Georgina Lavers

Clearstream closed off the year with a record a record €12 trillion in assets under custody held on behalf of customers...
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Forestry mandate nabbed by Northern Trust


07 January 2014 Toronto
Reporter: Georgina Lavers

Northern Trust has snapped up a forestry pension plan mandate originally maintained by RBC Investor Services...
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BNY Mellon capitalises on CLO recovery


18 December 2013 London
Reporter: Georgina Lavers

BNY Mellon has been appointed trustee and portfolio administrator on Avoca Capital CLO X Limited, a €311 million collateralised loan obligation (CLO)...
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BNP Paribas mandated for Asian UCITS funds


29 November 2013 Malaysia
Reporter: Georgina Lavers

BNP Paribas Securities Services has been mandated by Hwang Investment Management to provide services to four UCITS funds...
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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...
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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...
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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...
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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...