Asset servicing

Devon County Council picks Northern Trust for custody, securities lending

Devon County Council Pension Fund, Exeter, England, hired Northern Trust to provide global custody and securities lending services.

June 12, 2014 | 01:30 pm

Lincoln Police & Fire collars first custodian

Lincoln (Neb.) Police & Fire Pension Fund hired U.S. Bank as its first external custodian.

June 10, 2014 | 03:53 pm

Macquarie expands transition management group

Mark Dwyer was named head of portfolio solutions, Europe, Middle East and Asia, at Macquarie Securities Group, and Graham Cook was named senior transition manager.

June 10, 2014 | 12:54 pm
Liquidnet settles with SEC over charges of misusing confidential customer info

Liquidnet settles with SEC over charges of misusing confidential customer info

Liquidnet reached a $2 million settlement with the SEC over charges that the institutional dark-pool operator used subscribers’ confidential information to market its services, the SEC said...

June 06, 2014 | 01:36 pm

San Mateo County goes with Northern Trust for custody

San Mateo County Employees' Retirement Association, Redwood City, Calif., hired Northern Trust as its new custodian, according to recently released board meeting minutes.

June 02, 2014 | 03:36 pm

Nevada treasurer goes with BNY Mellon for 5 state funds

Nevada State Treasurer's Office, Carson City, hired Bank of New York Mellon as custodian for five funds it oversees.

May 23, 2014 | 11:52 am

Nashville & Davidson County issues call for custodian

Nashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund is searching for a custodian.

May 23, 2014 | 11:17 am

Montana Board of Investments searching for custodian

Montana Board of Investments is searching for a custodian.

May 21, 2014 | 04:06 pm

Oakland County chooses Northern Trust as custodian

Oakland County Retirement and Deferred Compensation Board, Waterford, Mich., hired Northern Trust as custodian of the $1.2 billion retirement fund.

May 19, 2014 | 03:58 pm

3 U.K. pension funds select HSBC as custodian

Three U.K. local government pension funds hired HSBC Securities Services to provide global custody, investment accounting and securities lending services.

May 19, 2014 | 02:04 pm
Assets, revenue continue to increase at custody banks

Assets, revenue continue to increase at custody banks

Large publicly traded banks' assets under custody and administration continued their slow but steady climb through 2013 into the first quarter of this year, and their asset servicing revenue saw...

May 12, 2014
Macquarie, Fidelity pushing into transition business

Macquarie, Fidelity pushing into transition business

While four transition management providers have left the business in the last year, two big-name financial firms are making a go at it with U.S. defined benefit plans.

May 12, 2014

Dania Beach Police and Fire keeps Salem Trust in custody

Dania Beach (Fla.) Police and Fire Retirement System rehired Salem Trust as custodian.

May 07, 2014 | 11:10 am

Milwaukee Employes' Retirement keeps Northern Trust as custodian

City of Milwaukee Employes' Retirement System rehired Northern Trust for custodian and securities lending services.

May 06, 2014 | 03:51 pm

Alameda-Contra Costa Transit District picks Northern Trust as custodian

Alameda-Contra Costa Transit District Retirement System hired Northern Trust as custodian.

May 06, 2014 | 02:16 pm