Best global custodian bank rankings

Switzerland’s Pictet won the 2022 edition of the survey’s global weighted category, with a total score of 16.52, climbing up from the third position last year. It also won in the same category in the unweighted part of the survey. It came in first place in the Asia-Pacific category, with a weighted score of 4.83 and 6.32 in the unweighted section, ahead of BNP Paribas. It was top in the Americas weighted list, though conceded the first place to RBC Investor & Treasury Services in the unweighted part. It was second in the Europe, Middle East and Africa (EMEA) region in both categories. The firm had the highest total average in the weighted part of the survey (5.49) and was in second place in its unweighted counterpart. Pictet was top custodian in 15 of the 21 service categories outlined in the survey, including cash management, corporate actions, execution services, income collections, and innovation and technology investment. It came second in the remainder, such as client services and relationship management. It was the top-rated supplier by global total in the weighted and unweighted sections where respondents used multiple custodians. It has the second highest average scores but led the lists in the Americas region. When it comes to respondents relying on single custodians, it had the highest average in the weighted sector, but was runner up in terms of global totals. It was the only firm to qualify in the Asia-Pacific region in that category.

Press release from Global Investor Group, 11 October 2022