Executive Summary
Securities Services Index Revenues increased moderately in FY23 driven by higher Net Interest Income and growth in Asset under Custody/Administration. These were partially offset by decline in Fees owing to margin compression and lower client transactional volumes.
MethodologyCoalition 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