Executive Summary

Securities Services global revenues, which include custody and other fund services, remained flat in the first half of 2021, despite equity markets reaching a historical high.

The top banks tracked by Coalition Greenwich experienced robust asset growth during the period and continued to invest in new capabilities.

Methodology
  • Performance is benchmarked against CRISIL Coalition's Standard Product Taxonomy.
  • Adjustments are made to publicly reported revenues by each bank
  • Client Type Scope
    – Includes: institutional and corporate client
    – Excludes: retail and private wealth client
  • Product Scope
    – Includes: Custody, Fund Services and Others – see table below
    – Excludes: Principal Lending, Brokerage, Prime Finance, Direct FX, and Cash Management