JP Morgan ramping up the guard

“We have extensive plans to leverage the ANZ Custodian Services acquisition and to grow the JP Morgan Treasury and Securities Services offering in Australia and New Zealand and beyond in the coming year.”
On 20 November, JP Morgan’s Worldwide Securities Services division announced its acquisition of ANZ’s Custodian Services business which included more than 100 clients, 150 staff and A$99 billion in assets under custody.

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Australia’s greenwashing fix has a greenwashing problem

ASFI’s sustainable finance taxonomy was meant to make greenwashing harder. But with the framework now being piloted by a slew of asset owners, banks and rating houses, there are lingering questions as to whether it does the opposite.

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