Global Custodian Fall 2018 | Page 4

[ C O N T E N T S C O N T. ] 48 DOWNSIZED CAP INTRO TEAMS LEAD TO THE RISE OF NEW PLAYERS Seasoned veterans are leaving capital introduction roles leading to questions over whether it is a sustainable business or just a value-add. Are there new players stepping in to fill the void? 56 ARE CUSTODIAN MERGERS ON THE HORIZON? Consolidation has been rife among fund administrators, stock exchanges and asset managers in recent years, and with regulatory, cost and technological pressures facing custodians, could they be next to see an M&A trend? SURVEYS 72 AGENT BANKS IN MAJOR MARKETS The 2018 Agent Bank in Major Markets Survey incorporates several major changes in design and presentation, reflecting the growing importance of risk as a service consideration. REGULARS 6 EDITORIAL | TURNING 30 IN STYLE 9 NEWS & PEOPLE MOVES 13 UPDATES 54 GC LEGEND | PHILIPPE SEYLL, CLEARSTREAM 60 GC LEGEND | JOHN VAN VERRE, HSBC 70 SIBOS POWER RANKINGS 102 GLOBAL CUSTODY RANKINGS NEWS REVIEW 20 ONE SOLUTION TO RULE THEM ALL State Street’s Charles River deal appears to have struck a chord with asset managers who have been discussing its front-to-back offering, but is one solution a viable option? 4 Global Custodian Fall 2018