Executive Summary

Securities Services Index Revenues increased in FY24, driven by both higher fees, and a moderate uptick in Net Interest income. Securities Services fees grew for the first time in the past three years, supported by a rise in Equity market valuations.

Methodology

Coalition Securities Services Index

  • Tracks the performance of the 12 largest banks
  • The Index is comprised of BBH, BNPP, BNY, CACEIS, CITI, DB, HSBC, JPM, NT, RBC, SG, STST
  • The Index is refreshed for 1H and FY