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By the Numbers: JPMorgan Chase's Securities Services business reported revenue of $1.4 billion in the third quarter of 2025, up 7% year-over-year. The company's assets under custody reached $40.1 trillion, up 12% from $35.8 trillion a year earlier and 6% from the prior quarter.
Driving the growth
Driving the growth
October 15, 2025 at 4:02 AM
By the Numbers: JPMorgan Chase's Securities Services business reported revenue of $1.4 billion in the third quarter of 2025, up 7% year-over-year. The company's assets under custody reached $40.1 trillion, up 12% from $35.8 trillion a year earlier and 6% from the prior quarter.
Driving the growth
Driving the growth
Citigroup Q3 Profit Rises 16% on Revenue Growth
By the Numbers: The company reported net income of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion, compared to $3.2 billion, or $1.51 per diluted share, on revenues of $20.2 billion in Q3 2024. Excluding a $714 million after-
By the Numbers: The company reported net income of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion, compared to $3.2 billion, or $1.51 per diluted share, on revenues of $20.2 billion in Q3 2024. Excluding a $714 million after-
October 15, 2025 at 3:51 AM
Citigroup Q3 Profit Rises 16% on Revenue Growth
By the Numbers: The company reported net income of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion, compared to $3.2 billion, or $1.51 per diluted share, on revenues of $20.2 billion in Q3 2024. Excluding a $714 million after-
By the Numbers: The company reported net income of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion, compared to $3.2 billion, or $1.51 per diluted share, on revenues of $20.2 billion in Q3 2024. Excluding a $714 million after-
Key Move: BitGo and Elysium announced a partnership integrating Elysium's MatchHub platform into BitGo's Go Network, bringing institutional-grade clearing and credit workflows to digital asset trading with real-time trade capture, credit monitoring, ticket aggregation and settlement orchestration.
September 30, 2025 at 2:32 AM
Key Move: BitGo and Elysium announced a partnership integrating Elysium's MatchHub platform into BitGo's Go Network, bringing institutional-grade clearing and credit workflows to digital asset trading with real-time trade capture, credit monitoring, ticket aggregation and settlement orchestration.
Key Move: Grupo Bolsa Mexicana de Valores announced that the Comisión Nacional Bancaria y de Valores has authorised its Securities Central Counterparty (CCV) to begin operations in the debt segment, initially offering clearing and settlement services for Bonos M government bonds.
The big picture:
The big picture:
September 9, 2025 at 3:50 AM
Key Move: Grupo Bolsa Mexicana de Valores announced that the Comisión Nacional Bancaria y de Valores has authorised its Securities Central Counterparty (CCV) to begin operations in the debt segment, initially offering clearing and settlement services for Bonos M government bonds.
The big picture:
The big picture:
By the Numbers: Tetra Digital Group has announced the closing of approximately $10 million in investment from Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank of Canada, and Shopify. The company aims to be the first regulated financial institution to launch
September 9, 2025 at 12:21 AM
By the Numbers: Tetra Digital Group has announced the closing of approximately $10 million in investment from Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank of Canada, and Shopify. The company aims to be the first regulated financial institution to launch
By the Numbers: 21X announced its exchange enables settlement within two seconds compared to traditional settlement times of days or weeks, with the company claiming it can reduce participant costs by more than 50 percent.
Key Move: The Frankfurt-based firm launched what it calls the world's firs
Key Move: The Frankfurt-based firm launched what it calls the world's firs
September 9, 2025 at 12:17 AM
By the Numbers: 21X announced its exchange enables settlement within two seconds compared to traditional settlement times of days or weeks, with the company claiming it can reduce participant costs by more than 50 percent.
Key Move: The Frankfurt-based firm launched what it calls the world's firs
Key Move: The Frankfurt-based firm launched what it calls the world's firs
By the Numbers: CoinShares reported ~US$10 billion in assets under management with 76% adjusted EBITDA margins in H1 2025, positioning itself as Europe's largest crypto asset manager with 34% market share.
The big picture: The company announced a US$1.2 billion business combination with Vine Hill
The big picture: The company announced a US$1.2 billion business combination with Vine Hill
September 9, 2025 at 12:13 AM
By the Numbers: CoinShares reported ~US$10 billion in assets under management with 76% adjusted EBITDA margins in H1 2025, positioning itself as Europe's largest crypto asset manager with 34% market share.
The big picture: The company announced a US$1.2 billion business combination with Vine Hill
The big picture: The company announced a US$1.2 billion business combination with Vine Hill
Key Move: UniCredit announced partnerships with BNP Paribas for custody services and FNZ for a cloud-based post-trade securities platform, advancing its securities services transformation across Italy and Germany.
By the Numbers: The initiative is creating more than 200 new jobs, including 140 ro
By the Numbers: The initiative is creating more than 200 new jobs, including 140 ro
September 8, 2025 at 11:01 PM
Key Move: UniCredit announced partnerships with BNP Paribas for custody services and FNZ for a cloud-based post-trade securities platform, advancing its securities services transformation across Italy and Germany.
By the Numbers: The initiative is creating more than 200 new jobs, including 140 ro
By the Numbers: The initiative is creating more than 200 new jobs, including 140 ro
By the Numbers: U.S. Bank, managing $11.7 trillion in assets under custody and administration, has resumed bitcoin custody services originally launched in 2021. The company announced the service is now available as an early access program for Global Fund Services clients.
The big picture: The ban
The big picture: The ban
September 4, 2025 at 12:42 AM
By the Numbers: U.S. Bank, managing $11.7 trillion in assets under custody and administration, has resumed bitcoin custody services originally launched in 2021. The company announced the service is now available as an early access program for Global Fund Services clients.
The big picture: The ban
The big picture: The ban
By the Numbers: SS&C Technologies has announced the acquisition of Curo Fund Services, which administers approximately USD 170.4 billion (R3 trillion) in assets for Sanlam, Old Mutual, and third-party institutional clients in South Africa.
Key Move: The deal brings approximately 300 employees to
Key Move: The deal brings approximately 300 employees to
September 2, 2025 at 7:40 PM
By the Numbers: SS&C Technologies has announced the acquisition of Curo Fund Services, which administers approximately USD 170.4 billion (R3 trillion) in assets for Sanlam, Old Mutual, and third-party institutional clients in South Africa.
Key Move: The deal brings approximately 300 employees to
Key Move: The deal brings approximately 300 employees to
By the Numbers: State Street became the first third-party custodian on J.P. Morgan's Digital Debt Service, with State Street Investment Management purchasing $100M in commercial paper from Oversea-Chinese Banking Corporation (OCBC) in the platform's inaugural transaction.
The big picture: The int
The big picture: The int
August 21, 2025 at 8:57 PM
By the Numbers: State Street became the first third-party custodian on J.P. Morgan's Digital Debt Service, with State Street Investment Management purchasing $100M in commercial paper from Oversea-Chinese Banking Corporation (OCBC) in the platform's inaugural transaction.
The big picture: The int
The big picture: The int
By the Numbers: HKEX reported a profit of HK$8.5 billion for the first half, up 39% year-over-year, with revenue increasing 33% to HK$14.1 billion as trading volumes doubled. EBITDA margin expanded to 79% from 73% a year earlier.
The big picture: The exchange regained its position as the world's
The big picture: The exchange regained its position as the world's
August 20, 2025 at 5:21 AM
By the Numbers: HKEX reported a profit of HK$8.5 billion for the first half, up 39% year-over-year, with revenue increasing 33% to HK$14.1 billion as trading volumes doubled. EBITDA margin expanded to 79% from 73% a year earlier.
The big picture: The exchange regained its position as the world's
The big picture: The exchange regained its position as the world's
By the Numbers: HUB24 reported an underlying net profit of $97.8 million for FY25, up 44% year-on-year, with revenue rising 24% to $406.6 million, driven by 30% growth in funds under administration to $136.4 billion.
The big picture: HUB24 achieved record annual net inflows of $19.8 billion and e
The big picture: HUB24 achieved record annual net inflows of $19.8 billion and e
August 19, 2025 at 1:06 AM
By the Numbers: HUB24 reported an underlying net profit of $97.8 million for FY25, up 44% year-on-year, with revenue rising 24% to $406.6 million, driven by 30% growth in funds under administration to $136.4 billion.
The big picture: HUB24 achieved record annual net inflows of $19.8 billion and e
The big picture: HUB24 achieved record annual net inflows of $19.8 billion and e
Key Move: The Apex Group announced the appointment of Kimberly DeTrask as Chief Financial Officer and Maxwell Johnston as Chief Business Officer, both of whom will join the Group Executive Committee. DeTrask brings over 12 years of experience from State Street, where she most recently served as Trea
August 18, 2025 at 1:48 PM
Key Move: The Apex Group announced the appointment of Kimberly DeTrask as Chief Financial Officer and Maxwell Johnston as Chief Business Officer, both of whom will join the Group Executive Committee. DeTrask brings over 12 years of experience from State Street, where she most recently served as Trea
Key Move: Alchelyst and Lyra Client Solutions announced a merger to create a next-generation private markets servicing platform, with Alchelyst CEO Joan Kehoe set to lead the combined entity upon closing in Q4 2025.
The big picture: The combined company will deliver fund administration and tech-e
The big picture: The combined company will deliver fund administration and tech-e
August 14, 2025 at 10:21 PM
Key Move: Alchelyst and Lyra Client Solutions announced a merger to create a next-generation private markets servicing platform, with Alchelyst CEO Joan Kehoe set to lead the combined entity upon closing in Q4 2025.
The big picture: The combined company will deliver fund administration and tech-e
The big picture: The combined company will deliver fund administration and tech-e
Key Move: FIS announced the launch of its Investor Services Suite, an end-to-end solution designed to transform investor servicing for fund administrators and managers of alternative, traditional and semi-liquid fund structures.
By the Numbers: The solution emerges as the alternative assets marke
By the Numbers: The solution emerges as the alternative assets marke
August 14, 2025 at 10:17 PM
Key Move: FIS announced the launch of its Investor Services Suite, an end-to-end solution designed to transform investor servicing for fund administrators and managers of alternative, traditional and semi-liquid fund structures.
By the Numbers: The solution emerges as the alternative assets marke
By the Numbers: The solution emerges as the alternative assets marke
By the Numbers: The registry services provider reported management earnings per share of 135.1 cents (up 15.0%) on revenue of $3.1 billion (up 4.4%), with EBIT margins excluding margin income expanding 150 basis points to 17.5%.
The big picture: Growth in recurring client fees and transactional r
The big picture: Growth in recurring client fees and transactional r
August 13, 2025 at 8:19 AM
By the Numbers: The registry services provider reported management earnings per share of 135.1 cents (up 15.0%) on revenue of $3.1 billion (up 4.4%), with EBIT margins excluding margin income expanding 150 basis points to 17.5%.
The big picture: Growth in recurring client fees and transactional r
The big picture: Growth in recurring client fees and transactional r
By the Numbers: Circle reported revenue and reserve income of $658 million, up 53% year-over-year, with adjusted EBITDA growing 52% to $126 million. Net loss was $482 million, primarily due to $591 million in IPO-related non-cash charges.
The big picture: USDC in circulation surged 90% year-over-
The big picture: USDC in circulation surged 90% year-over-
August 13, 2025 at 8:14 AM
By the Numbers: Circle reported revenue and reserve income of $658 million, up 53% year-over-year, with adjusted EBITDA growing 52% to $126 million. Net loss was $482 million, primarily due to $591 million in IPO-related non-cash charges.
The big picture: USDC in circulation surged 90% year-over-
The big picture: USDC in circulation surged 90% year-over-
B3 SA, Brazil's sole exchange operator, reported that second-quarter net income rose 6.6% to 1.33 billion reais ($266 million) as growth in equities trading and new crypto products offset declining derivatives volumes.
Revenue edged up 0.7% to 2.75 billion reais in the quarter ended June 30, desp
Revenue edged up 0.7% to 2.75 billion reais in the quarter ended June 30, desp
August 10, 2025 at 9:03 AM
B3 SA, Brazil's sole exchange operator, reported that second-quarter net income rose 6.6% to 1.33 billion reais ($266 million) as growth in equities trading and new crypto products offset declining derivatives volumes.
Revenue edged up 0.7% to 2.75 billion reais in the quarter ended June 30, desp
Revenue edged up 0.7% to 2.75 billion reais in the quarter ended June 30, desp
SGX has reported its highest-ever net profit since listing, with net profit attributable to shareholders increasing 8.4% to $648.0 million for the financial year ended June 30, 2025.
The multi-asset exchange said net revenue increased by 11.7% to $1,298.2 million, citing broad-based growth acros
The multi-asset exchange said net revenue increased by 11.7% to $1,298.2 million, citing broad-based growth acros
August 10, 2025 at 8:54 AM
SGX has reported its highest-ever net profit since listing, with net profit attributable to shareholders increasing 8.4% to $648.0 million for the financial year ended June 30, 2025.
The multi-asset exchange said net revenue increased by 11.7% to $1,298.2 million, citing broad-based growth acros
The multi-asset exchange said net revenue increased by 11.7% to $1,298.2 million, citing broad-based growth acros
JSE on Wednesday reported a 13.2% rise in half-year net profit, as higher market volatility drove a surge in equity trading activity.
The Johannesburg Stock Exchange said net profit after tax for the six months ended 30 June 2025 rose to R558 million. Total income increased 10.3% to R1.72 billio
The Johannesburg Stock Exchange said net profit after tax for the six months ended 30 June 2025 rose to R558 million. Total income increased 10.3% to R1.72 billio
August 6, 2025 at 11:34 AM
JSE on Wednesday reported a 13.2% rise in half-year net profit, as higher market volatility drove a surge in equity trading activity.
The Johannesburg Stock Exchange said net profit after tax for the six months ended 30 June 2025 rose to R558 million. Total income increased 10.3% to R1.72 billio
The Johannesburg Stock Exchange said net profit after tax for the six months ended 30 June 2025 rose to R558 million. Total income increased 10.3% to R1.72 billio
TP ICAP reported record revenue and higher profit for the first half of the year, citing strong performance in its Global Broking and Liquidnet divisions.
The world's largest interdealer broker said group revenue for the six months ended 30 June 2025 rose 9% in constant currency to £1.224 billio
The world's largest interdealer broker said group revenue for the six months ended 30 June 2025 rose 9% in constant currency to £1.224 billio
August 6, 2025 at 11:24 AM
TP ICAP reported record revenue and higher profit for the first half of the year, citing strong performance in its Global Broking and Liquidnet divisions.
The world's largest interdealer broker said group revenue for the six months ended 30 June 2025 rose 9% in constant currency to £1.224 billio
The world's largest interdealer broker said group revenue for the six months ended 30 June 2025 rose 9% in constant currency to £1.224 billio
Financial technology firm Capitolis said on Wednesday it has closed a strategic funding round, raising a total of $56 million to accelerate its growth.
The company announced new investments from Barclays and BNP Paribas, who join existing bank investors J.P. Morgan, Citi, Morgan Stanley, State S
The company announced new investments from Barclays and BNP Paribas, who join existing bank investors J.P. Morgan, Citi, Morgan Stanley, State S
August 6, 2025 at 11:20 AM
Financial technology firm Capitolis said on Wednesday it has closed a strategic funding round, raising a total of $56 million to accelerate its growth.
The company announced new investments from Barclays and BNP Paribas, who join existing bank investors J.P. Morgan, Citi, Morgan Stanley, State S
The company announced new investments from Barclays and BNP Paribas, who join existing bank investors J.P. Morgan, Citi, Morgan Stanley, State S
MarketAxess reported record second-quarter financial results on Wednesday, with total revenues rising 11% year-over-year to $219.5 million.
The New York-based electronic trading platform stated that the performance was driven by record commission revenues and strong growth in trading volumes acr
The New York-based electronic trading platform stated that the performance was driven by record commission revenues and strong growth in trading volumes acr
August 6, 2025 at 11:17 AM
MarketAxess reported record second-quarter financial results on Wednesday, with total revenues rising 11% year-over-year to $219.5 million.
The New York-based electronic trading platform stated that the performance was driven by record commission revenues and strong growth in trading volumes acr
The New York-based electronic trading platform stated that the performance was driven by record commission revenues and strong growth in trading volumes acr
Hamilton Lane reported a 31 per cent rise in first-quarter fee-related earnings to $83.7 million, even as its total revenue and net income declined.
The private markets investment manager said total revenues for the quarter ended 30 June 2025 fell 11 per cent year-over-year to $176 million, whil
The private markets investment manager said total revenues for the quarter ended 30 June 2025 fell 11 per cent year-over-year to $176 million, whil
August 6, 2025 at 12:17 AM
Hamilton Lane reported a 31 per cent rise in first-quarter fee-related earnings to $83.7 million, even as its total revenue and net income declined.
The private markets investment manager said total revenues for the quarter ended 30 June 2025 fell 11 per cent year-over-year to $176 million, whil
The private markets investment manager said total revenues for the quarter ended 30 June 2025 fell 11 per cent year-over-year to $176 million, whil