News search | Securities Finance Times

Generic business image for news articles

Cost cutting drives down custody scores
01 April 2014 London
Reporter: Georgina Lavers

In a 2014 survey of global custodians, it was found that Pictet, RBC and BNP Paribas were highest ranked, but that overall, scores declined across the board...

Linda Morsia leaves State Street
25 March 2014 London
Reporter: Georgina Lavers

BNP Paribas Securities Services has hired Linda Morsia as head of its depository banking business in the UK...

Etera Mutual appoints State Street for custody
10 February 2014 London
Reporter: Daniel Jackson

State Street will provide a range of pension fund solutions, including custody, to Etera Mutual Pension Insurance Company...

State Street UK fined over transition failings
03 February 2014 London
Reporter: Daniel Jackson

State Street UK has been fined almost £22.9 million by the Financial Conduct Authority for overcharging its transition management clients...

State Street expands Chinese footprint
29 January 2014 London
Reporter: Daniel Jackson

State Street Corporation has opened a new office in Shanghai...

A good year for State Street
27 January 2014 London
Reporter: Daniel Jackson

State Street’s chairman has said that its results for 2014 show that the business remains strong despite the difficult financial climate...

Ageas selects State Street for global custody
27 January 2014 London
Reporter: Daniel Jackson

State Street has been appointed by insurance company Ageas UK to provide global custody and investment accounting services for $4.5 billion of its assets...

AXA IM extends outsourcing partnership with State Street
12 December 2013 London
Reporter: Daniel Jackson

AXA Investment Managers has extended its investment operations outsourcing mandate with State Street for an additional five years.

BNY Mellon hires Lars Hella for German depotbank
27 November 2013 London
Reporter: Georgina Lavers

BNY Mellon has hired Lars Hella as head of depotbank services in Germany...

Moody's revises ratings of 8 largest US banks
18 November 2013 New Jersey
Reporter: Georgina Lavers

Assumed government support in the wake of the US Dodd Frank Act has led Moody’s to conclude its review of eight large US banking groups in a mostly positive light...

BNY Mellon's Lou Maiuri moves to State Street
07 November 2013 Boston
Reporter: Mark Dugdale

Lou Maiuri has left his role as executive vice president and deputy CEO of asset servicing at BNY Mellon to move to State Street, sources have confirmed...

Securities services revenue drops at Goldman Sachs
24 October 2013 New York
Reporter: Georgina Lavers

Goldman Sachs announced $340 million in revenue for its securities services division in Q3 2013, a decline of $36 million from the previous quarter and $52 million year-on-year...