Assets under custody creep up at BNY, JP and State Street

Across the eight US systemically important banks, custody assets rose 27% year on year

Assets under custody (AUC) at the top US lenders grew 2.1% to $125.6 trillion in the first quarter, systemic risk disclosures show, capping a 26.7% increase over the previous year.

Among the eight global systemically important banks (G-Sibs), State Street’s AUC increased the most, up $1.1 trillion to $30.1 trillion, a rise of 3.72% from three months prior.

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