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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.
Western Australia government employees' fund moves to Northern Trust for custody
trueGovernment Employees Superannuation Board, Perth, Australia, hired Northern Trust as global custodian.
Massachusetts Water Resource Authority casts net for custodian banks
trueMassachusetts Water Resource Authority Employees’ Retirement System is searching for a custodian.
El Paso County Retirement Plan mulls custodian search
trueEl Paso County Retirement Plan could issue an RFP for a trustee/custodian in January.
State Street edges BNY Mellon in custody assets
trueState Street Corp. moved ahead of Bank of New York Mellon Corp. as the largest custody bank in terms of assets, with a slight increase in assets under custody and related revenue in the third quarter, while BNY Mellon, J.P. Morgan Chase & Co. and Northern Trust Corp. all saw slight decreases in ...