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Stock impact report

$60+ Bn Custody Service Markets - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029 [Yahoo! Finance]

ICICI Bank Limited (IBN) 
Company Research Source: Yahoo! Finance
The Global Custody Service Market was valued at USD 35.6 billion in 2023 and is anticipated to grow during the forecast period with a CAGR of 9.4% through 2029, reaching USD 61.2 billion The market for custody services is made up of the money that companies get paid to settle, store, and report on the cash and marketable securities that their clients own. Lending securities to qualified borrowers on a short-term basis might enable a client to earn additional revenue on custody assets. The value of associated goods that the service provider sells or incorporates into the service offering is included in the market value. Only products and services that are sold to final customers or exchanged between businesses are covered. Marketable securities and customer cash are usually settled, kept safe, and reported as part of a custody service. An extra revenue stream on custodial assets can be obtained by a client through short-term securities loans to qualified borrowers. The main servic Show less Read more
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