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A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners (e.g. sovereign wealth funds, central banks, insurance companies), asset managers, banks and broker-dealers. It is not engaged in "traditional" commercial or ...
It is the world's largest custodian bank and securities services company; [3] [4] [5] as of September 2024, it has $2.1 trillion in assets under management and $52.1 trillion in assets under custody and administration, making it the first bank to surpass $50 trillion. [6]
SSBT is the largest custodian bank in the world [2] [3] with US$36.74 trillion of assets under custody and administration as of the end of 2022. [4] The company provides securities services such as clearing, settlement and payment services to entities such as institutional investors. [4]
Bank of New York Mellon Corp., a 238-year-old bank based in the U.S., is now allowing select U.S. clients to hold and transfer Bitcoin and Ether, the bank announced in a press release on Tuesday.
The following table lists the 100 largest bank holding companies in the United States ranked by total assets of September 30, 2024 per the Federal Financial Institutions Examination Council, along with the market capitalization of public banks.
Founded in 2017, San Francisco–based Anchorage Digital is one of the largest custodians in the digital assets space, safeguarding assets like Bitcoin and Ether on behalf of institutional clients.
As a result of a marked 12.3% year-on-year increase from 2022, recovering the losses from the previous year, the world’s largest 100 asset owners (the AO100) now hold a record US$26.3 trillion as of the end of 2023. The full Asset Owner 100 study also reveals the evolving split between different types of asset owners. Sovereign wealth funds ...
It is one of the largest asset management companies in the world with US$3.7 trillion under management and US$40.0 trillion under custody and administration in 2023. [3] It is the largest custodian bank in the world, providing securities services [4] [5] and it is considered a systemically important bank by the Financial Stability Board.