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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]
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] BNY has been named among Fortune ' s World's Most Admired Companies. [7]
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.
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.
Registered custodial services, which are common in traditional investment classes, have been on the rise in the digital asset sphere, including for cryptocurrencies. Branding China Group (BC Group ...
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.
Another publication which compiles an annual list of the world's largest banks is The Banker magazine. It publishes a list of the World 1000 Largest Banks every July. [ 2 ] The financial data published by the July yearly issue of The Banker are much more extensive compared to the S&P Top 100 banks, but it is not a publication intended for the ...