I've got a check for one of my kids, and I'd like to put it in an account for them. I suppose I could put the money in my account and keep a separate ledger, but that seems like more work than I want ...

A custodial agreement empowers a professional third party to manage benefit accounts, holding assets for the owner. Discover how it simplifies retirement and health plan administration.

Issued: June 10, 2024 – (Updated July 11, 2024 – Please note: The original distribution of this press release had an incorrect winner listed for Colombia. It has been corrected here.)Global Finance ...

(Reuters) -State Street's net interest income missed Wall Street estimates, sending the custodian bank's shares down 5% on Friday, overshadowing the higher fees it reported in the third quarter. While ...

Global Finance has announced its selections for the 21st annual Best Sub-custodian Bank Awards in seven regions and more than 80 countries, territories & districts. A full report on the selections ...

BNY, the world’s largest custodial bank, has taken its first major step toward tokenization by offering institutional clients the ability to settle bank deposits on a blockchain. The Wall Street giant ...

Bank of New York Mellon gets upgraded to buy, from my prior hold rating, agreeing with the Wall St. consensus today. Upside can come from recent loan growth, AUM/AUA growth, a strong profit margin, ...

Custodial banking giant Bank of New York Mellon (NYSE:BK) is exploring a potential deal to acquire Northern Trust, according to a report in The Wall Street Journal. So, is a deal going to actually ...