Custody assets rebound after Q4 equity rout

Assets under custody and administration (Auca) at the three largest US custody banks returned to growth in the first quarter of 2019, reversing the aggregate decline seen in the previous quarter.

Total Auca stood at $91.9 trillion at end-March, up 4.5% quarter-on-quarter and 1.2% year-on-year.

JP Morgan led the charge with a quarterly increase of $1.5 trillion (6.5%) to $24.7 trillion. BNY Mellon followed suit with a $1.4 trillion (4.2%) rise to $34.5 trillion, while State Street added $1

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: