Deutsche Bank Wins 4 Asia Custody Awards as BNY Takes Top Regional Honor

2 articles · Updated · GlobalCustodian.com · May 29

Global Custodian named Deutsche Bank the biggest winner at its fourth Leaders in Custody Asia awards in Singapore, with four honors including Agent Bank of the Year: Overall for a second straight year.
BNY won Global Custodian of the Year Asia, while JP Morgan retained Deal of the Year for its Income Insurance mandate and State Street was recognized for its Daiwa partnership and Mizuho offshore securities acquisition.
Three-award winners included BNP Paribas, HSBC, Mizuho, Standard Chartered and State Street; DBS, ICBC and Northern Trust collected two awards each.
The awards span survey-based agent bank rankings, editors' choice prizes, innovation categories and individual honors, highlighting securities-services competition across Asia Pacific.

What is Deutsche Bank’s secret strategy for repeatedly dominating Asia’s competitive emerging markets custody race?

Are these industry awards a true measure of innovation or just a marketing tool for legacy banks?

As financial giants tokenize assets, what hidden systemic risks are emerging for the global financial system?