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Banks feel FOMO as SEC rules keep them out of crypto custody

Banks feel FOMO as SEC rules keep them out of crypto custody
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State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further

Infrastructure and private debt remain the top private market asset classes over the next 1-2 years; roughly half of respondents see “strong demand” for private market assets among retail and DC.

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Banks push regulators to change crypto accounting

Banks push regulators to change crypto accounting
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As Bitcoin Rallies, Banks Are Pushing US Regulators to Change Crypto Guidance

As Bitcoin Rallies, Banks Are Pushing US Regulators to Change Crypto Guidance
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State Street shakes up leadership structure as senior executive announces retirement

Changes will have a particular impact on the firm’s Investment Services business.

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