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Glossary

Custodian

A financial institution that holds customers' securities for safekeeping to prevent them from being lost or stolen.

Custodian News

Industry
BBH and MUFG Investor Services to offer securities lending service

As part of the integrated model, MUTB will provide securities lending capabilities and trading strategies, while BBH ensures delivery of custody and securities lending services

Repo
Euroclear launches US Treasury DvP repo service

The service aims to offer cash lenders similar operational efficiency for delivery-vs-payment repo transactions as that of triparty repo transactions

Repo
HKMA arranges offshore RMB bond repo business

The Hong Kong Monetary Authority aims to enhance the market-based offshore renminbi liquidity management and increase Hong Kong’s competitiveness business hub

Regulation
SF Symposium: Automation is key, but T+1 challenges remain

The panellists shared their own experiences from North America’s own shift in May 2024 — largely accepted as a general success

Industry
Euronext Securities expands services with acquisition of Acupay

Through this move, Euronext Securities aims to leverage Acupay’s presence in Italy and opportunities to scale its services

Industry
Nebraska Investment Council selects MUFG Investor Services’ GSLS

The NIC is an independent state agency based in Lincoln, Nebraska. It determines and manages approximately US$40 billion of investments across 32 different entities

Industry
NDF appoints Northern Trust as custodian provider

The agreement aims to enhance the National Development Fund’s capabilities and achieve its strategic objectives

Industry
Qatar Stock Exchange and Edaa Qatar oversee first onshore SBL transaction

HSBC acted as custodian and agent lender for the transaction while QNBFS acted as the borrower