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Northern Trust, Bank of Taiwan to team up on global custody offering in Taiwan
trueNorthern Trust and Taipei-based Bank of Taiwan will collaborate in offering institutional investors in Taiwan asset servicing and global custody services.
University of Maryland Foundation goes with Northern Trust as custodian
trueUniversity of Maryland System Foundation hired Northern Trust as custodian.
Illinois Student Assistance Commission seeks custodian for 529 plan
truellinois Student Assistance Commission, Springfield, is searching for a custodian on behalf of the $1.1 billion College Illinois Trust Fund, the state’s prepaid tuition program.
QIC taps Northern Trust as global custodian for its Australian fund offerings
trueQIC, a Brisbane-based money manager with A$70.8 billion ($55.4 billion) in assets under management, hired Northern Trust to provide global custody, fund accounting, taxation and associated services for QIC's Australian fund offerings.
UniSuper taps BNP Paribas as new custodian
trueUniSuper hired BNP Paribas Securities Services as master custodian for the A$50 billion ($38.8 billion) superannuation fund.
BNY Mellon settles with U.K.'s Financial Conduct Authority on custody rule violations
trueBank of New York Mellon will pay £126 million ($188 million) in a settlement with the U.K.'s Financial Conduct Authority for violations of the agency's custody rules regarding the custodian's records.
Nunavut Trust signs Northern Trust as global custodian
trueNunavut Trust hired Northern Trust as global custodian for the trust's C$1.6 billion ($1.27 billion) in assets.
Berkeley Police/Fire Employees on lookout for custodian
trueBerkeley (Mo.) Police/Fire Employees Retirement System is searching for a custodian.
El Paso County Retirement Plan launches custodian search
trueEl Paso County Retirement Plan is searching for a custodian.
ATB Financial looking for global custodian for pension plan
trueATB Financial Pension Plan, Edmonton, issued an RFP for a global custodian for the C$385 million ($305 million) defined benefit plan.
University of Kentucky prowling for endowment custodian
trueUniversity of Kentucky is searching for a custodian for the school’s $1.2 billion endowment.
Illinois State Board plans RFP for custody, risk analytics
trueIllinois State Board of Investment plans to issue RFPs this summer for custody and risk analytics services.
Pension Protection Fund chooses Northern Trust as custodian
trueThe Pension Protection Fund hired Northern Trust as custodian for its £20 billion ($31.6 billion) of assets, said a spokeswoman for the pension fund.
Oklahoma Teachers eyes replacing J.P. Morgan with Northern Trust as custodian
trueOklahoma Teachers' Retirement System intends to hire Northern Trust to provide custodial, securities lending and commission recapture services if the two parties can agree on contract terms.
South African government employees picks Standard Bank as sole custodian
trueGovernment Employees Pension Fund, Pretoria, South Africa, hired Standard Bank as its sole custodian.