Custody Risk autumn 2012

Editor's comment - autumn 2012

The search for growth within the securities services market continues, but so far with little to warm the hearts of chief executives. A year is a long time in custody, and the figures in our Global Custody Survey (pages 12-15) show a marked contrast to the growth in assets under custody seen in 2010 and early 2011. In addition to the harsh macro-economic environment, the costs and implications of regulation are crystallising, meaning margins are likely to be