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Showing 11 - 20 of 689 results for "Custodian"

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... rank fifth. BNP Paribas also saw significant growth in its Australian sub-custody assets, up 67.4% to $308 billion. The custodian with the next largest increase in assets was Citigroup, growing 19.7% to surpass $1 trillion; it now ranks third. Citigroup ...

Zurich Financial Services to acquire ClearView

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... ClearView are highly complementary brands in life insurance and that, if the scheme is implemented, Zurich will be a great custodian to continue delivering ClearView's ClearChoice product that protects what is most important to Australians." "While ...

ASIC seeks relief extension for securitisation entities

KARREN VERGARA  |  WEDNESDAY, 21 JAN 2026
... Instrument 2016/272 exempts a securitisation entity from holding an AFSL where it holds the securitisation product as a custodian or trustee or is issuing a securitisation product to an AFSL holder; an entity that is exempted from holding an AFSL; or ...

AllianceBernstein promotes private wealth head to president

MATTHEW WAI  |  TUESDAY, 6 JAN 2026
AllianceBernstein (AB), the subsidiary investment management firm of Equitable Holdings, has announced a new leader to oversee the company alongside its chief executive Seth Bernstein. As president, Onur Erzan will partner with Bernstein to prioritise ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
... he says adding that these choices often drive demand for business analysts, project managers and data professionals. Custodian transitions can further complicate matters. Turner cites examples where merged funds may consider switching to a provider that ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... rights under that facility, securities, and derivatives, it said. The updated instrument, however, clarifies that the custodian must hold the custodial property separately from properties in which the custodian or the person holding the custodial property ...

The shifting role of custodians in the financial ecosystem: ACSA

ANGELIQUE MINAS  |  THURSDAY, 4 DEC 2025
... white paper examining the changing role and expectations of custodians within the financial services ecosystem. The New Custodian: Platform, Pioneer, Partner is informed by senior ACSA member organisations, including BNP Paribas, Citi, Clearstream, HSBC ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
... distribution to unitholders that will need to be approved by the Federal Court. The equities are currently held through a custodian via an account with Bell Potter Securities. "The five investment classes of the SMF hold differing proportions of Bell ...

Capital Haus acquires Adelaide advice firm, FUM to exceed $1bn

MATTHEW WAI  |  MONDAY, 1 DEC 2025
... Australia's advice community for four decades, built on deep relationships and trust. We feel privileged to be the next custodian of that legacy," Gow said. "By moving our existing client base across to the Baker Young brand, as well as launching the ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
ASIC has confirmed that it will start categorising some digital assets as financial products under updated guidance, while providing plenty of time for those that need to fulfill new requirements. Firms providing services related to digital assets that ...