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Industry news

BNY Mellon and HSBC top in custody


21 February 2012 London
Reporter: Anna Reitman

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Image: Shutterstock
BNY Mellon and HSBC shared a top spot as custody services providers in the most recent Dublin Trustee & Custody survey from R&M.

JP Morgan took the pole position as the leading trustee with BNY Mellon coming in second. JP Morgan did not wish to participate in the custody section of the survey.

The firms were ranked by 33 different fund promoters operating out of Dublin and were assessed on 23 different aspects of their service. All banks actively offering a trustee and global custody service in the Dublin market were given a chance to participate.
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