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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Featured Pathways

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

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Book a demo

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What is a Custodian Bank?

What is a Custodian Bank?

Peter Eisenhardt

30 years: Capital markets & investment banking

Custodian banks hold customer securities for safekeeping. In this video, Peter briefly covers the responsibilities custodians must fulfil in order to meet the strict regulation requirements.

Custodian banks hold customer securities for safekeeping. In this video, Peter briefly covers the responsibilities custodians must fulfil in order to meet the strict regulation requirements.

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What is a Custodian Bank?

1 min 5 secs

Overview

Custodian banks hold customer securities for safekeeping and offer other services. The custody business is highly regulated and dominated by a small number of banks.

Key learning objectives:

  • Describe what a custodian bank is and what they do

  • Understand how custodian banks are regulated

  • Outline the examples of custodian banks

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Summary

What is a custodian?

Custodian banks hold customer securities for safekeeping. Custodians also offer other services such as account administration, settlements, collection of dividends and interest, tax support, and foreign exchange.

How are custodians regulated?

Strict regulations govern how custodians interact with investment advisors who make investment decisions on behalf of their clients. Custodians must ensure proper authorisation is in place before accepting trades.

What are some examples of custodians?

Due to the huge investment in technology required and low fees charged, the custody business is dominated by a small number of highly focused banks, the four largest are:
  • BNY Mellon
  • State Street
  • J.P. Morgan
  • Citi

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