Global markets
Rates, currency, credit and commodities, priced where they trade
View
Corporate & Investment
Custody & securities services
Safekeeping, settlement and the reporting your auditors ask for
Overview
Custody, clearing, settlement and investor services for asset managers, pension funds, insurers, mutual funds and international investors in US markets.
More than $140 billion is held under custody and administration, with direct access to US depositories and a sub-custody network covering more than ninety markets.
Why HBI
Covered by people who know your sector
Our corporate and investment bank is organized by sector and staffed regionally. The people pricing your risk follow your industry every day, with research, sales and structuring on one desk.
We lend, advise and make markets, and we test each against the others before proposing a structure. Where those roles could conflict we say so, and you choose which one we take.
What you get
Everything that is included
The full list, not the highlights. If something is not here, it is not included.
Features
- Safekeeping and settlement across equity, fixed income and money market instruments
- Corporate actions processing with election deadlines tracked and notified
- Income collection, tax reclaim and withholding tax management
- Securities lending with indemnified counterparty risk
- Fund accounting, NAV calculation and transfer agency
- Collateral management and tri-party services
What you need to qualify
- Institutional investor, fund, asset manager or financial institution
- Completed custody agreement and operating memorandum
- Regulatory approvals and market registrations where required
- Minimum assets under custody typically $50 million
Not sure you qualify?Speak to a banker before applying. A conversation costs nothing and does not touch your credit report.
Good to know
How we look after you
Three commitments that apply to every corporate & investment product, this one included.
Documentation runs in parallel
ISDA, facility and custody documentation is negotiated alongside credit approval rather than after it, which typically saves several weeks.
Conflicts are disclosed, not managed quietly
Every mandate passes group-wide conflict clearance before engagement. Where we hold more than one role, each is set out in the mandate letter.
One coverage banker
A single senior banker is accountable for the relationship across lending, markets, advisory and transaction banking.
Questions
Questions clients actually ask
If yours is not here, a banker will answer it directly.
Yes. Client assets are held in segregated accounts, separate from our own, and are not available to our creditors.
We notify you of every event with the election deadline, apply your standing instruction if you have one, and confirm what was done.
Yes, as an optional program with counterparty default indemnification and collateral held at agreed margin levels.
The United States directly, through DTC and the Federal Reserve. Other markets are covered through sub-custodians we appoint and monitor.
Related
You may also want
Products clients commonly hold alongside this one.
Correspondent banking
US dollar clearing and settlement for banks that need an American counterparty
View
Investments & portfolio management
One annual fee, stated in dollars, with no performance fee
View
Corporate & Investment
Ready to take this further?
Apply online in about ten minutes, or ask a banker to call you at a time that suits.