Asset Servicing

Asset Servicing is a foundational business for BNY – it attracts increased client and investor attention whilst creating opportunities for other businesses across our organization. It is comprised of products and services that help our clients (fund managers, banks, insurance companies, etc.) with different parts of their operating models.

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The main products and services that we offer our clients include:

Custody: Services to hold, transact, and settle securities and cash to support global investment activities. Some of the core services include Custody and Safekeeping of assets; Tax and Regulation; and Trust and Depositary

Fund Services: Valuation services and end-investor solutions for retail and institutional funds. Enhanced accounting services to support complex capital-based fund structures. With 2 of the fastest growing areas with Alternatives Servicing and ETF Servicing.

Middle Office: Implement solutions to help our clients with their end-to-end investment analysis from post-trade execution to and through end stakeholder communication. Services include Trade Management; Derivatives and Collateral Management; and IBOR

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Program eligibility:

Enrollment in a 3-year undergraduate degree program with a strong focus on business-related and/or technology-related majors preferred

Graduating in Dec 2026  to July 2027

Minimum 2:2 degree classification

Does not require sponsorship for employment visa status (now or in the future) in the country where applying.  

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About the company

BNY

Company overview

BNY is a global financial services company best known for custody and asset servicing, alongside market and wealth services and investment management. BNY sits behind a lot of the “plumbing” of finance, helping banks, asset managers, and institutional investors administer assets, clear and settle transactions, and manage operational risk. BNY also runs technology-heavy teams in areas like engineering, data, and cybersecurity to support those services. BNY traces roots back to 1784 and operates as a large, multi-region employer.

Locations and presence

BNY operates globally, with a workforce that includes large populations in EMEA and APAC as well as the United States. For office-based teams, BNY shifted to a stricter hybrid approach, moving to four days per week in-office starting September 2, 2025, with one remote day still available in many roles.

Palpable Score

75.3

/ 100

BNY offers a wide set of early-career entry points across multiple countries, including a pre-internship, a 10-week internship, a 24-month analyst program, and a UK apprenticeship route that does not require a degree. The hiring journey is outlined clearly for these programs, but candidates still have limited visibility on timelines and the consistency of feedback. Learning signals are strong, and pay transparency shows up in at least some early-career postings, while published cohort outcomes beyond intern sentiment and intent-to-return stats are limited.

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2026 BNY Summer Internship Program - Asset Servicing (London)

BNY