Singapore

BNY - 50 years in Singapore

Established in Singapore in 1974, BNY provides premier financial services to organizations in Singapore with a broad spectrum of technology and investment solutions to help these organizations better serve their clients. Our services include asset servicing, collateral management and segregation, corporate trust, depositary receipts, foreign exchange sales and trading, investment management and treasury services. BNY is the first issuer of sponsored depositary receipts from Singapore and was one of the first organizations to offer local brokers and their clients online investing services to the U.S. market.

Meet our Singapore country chief

Our Milestones

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1784

Founded by Alexander Hamilton in 1784, BNY is the oldest bank in the United States and the longest continuously operating company in New York City.

1974

BNY Singapore branch was established to provide a broad spectrum of technology and investment solutions to help organizations better serve clients.

1999

Clearance and Collateral Management established its Singapore team, helping clients finance their Asian and international assets.

2003

BNY | Pershing provided U.S. execution, clearing, settlement and custody to leading financial institutions in Singapore.

2016

BNY opened its Global Innovation Center in Singapore.

2017

BNY established a successful Depository Receipt (DR) program for Sea Limited, one of Singapore's largest technology conglomerates.

2020

BNY was appointed on the first Catastrophe Bond issued in Singapore.

2021

BNY expands its foreign exchange (FX) footprint in Singapore with the launch of a high performance eFX Pricing and Trading Engine to enhance our FX presence in the region.

2023

Treasury Services introduced a blockchain-based proof-of-concept to reduce cost and settlement time on cross-border FX payments.

2023

Asset servicing won the Best New Asset Servicing Project honor for an investment accounting initiative with the Employees Provident Fund Board of Malaysia.