Custody, clearing etc

BNY Mellon reports earnings up

Bank of New York Mellon has today released second quarter results. Highlights include: Investment management and performance fees increased 6 percent on record assets under management; Investment services fees increased 4 percent on record assets under custody and/or administration; Net interest...
Euroclear reports strong 2017 first half

Euroclear reports record collateral outstandings of nearly EUR 1.2 trillion; increased investment in regulatory-driven and cyber security initiatives Euroclear has today issued its results for the first half of this year. It says that in the first half client assets held in safekeeping increased to...
SGSS and other winners

Societe Generale Securities Services took the honours as having the best funds administration system at this year's Systems in the City Awards. Leading suppliers of services and systems for the regulated investment sector were confirmed at the annual Systems in The City Awards presentation which...
Wicks to head Northern Trust EU bank

Northern Trust has appointed David Wicks as Head of continental Europe, subject to regulatory approval. Additionally, Northern Trust says it will create an EU-banking presence in Luxembourg. In this newly created role, Wicks will lead Northern Trust's business in continental Europe, working closely...
Charles W Scharf appointed BNY Mellon CEO


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