CIBC Mellon – World’s Best Sub-Custodian Bank For 2025

Global Finance announces its selections for the World’s Best Banks 2025, including its honoree for the World’s Best Sub-Custodian Bank, which is being revealed here for the first time. The 2025 World’s Best Sub-Custodian Bank is CIBC Mellon.

“CIBC Mellon’s extensive local knowledge, operational scale, and strategic IT investments have enabled the sub-custodian to maintain its dominant lead in the market. Initiatives like its Project Fuel are transforming how clients manage and analyze their data while increasing transparency and improving decision making,” said Joseph Giarraputo, founder and editorial director of Global Finance. “For more than three decades, corporate and banking leaders have used Global Finance’s Best Bank Awards to identify financial partners that provide the most robust products and services and comprehensive industry expertise.”

Also being revealed here for the first time are the following global honorees: World’s Best Bank – Societe Generale, World’s Best Corporate Bank – BBVA, World’s Best Consumer Bank – State Bank of India, World’s Best Emerging Market Bank – J.P. Morgan, and World’s Best Frontier Market Bank – Societe Generale.

The full World’s Best Banks report will be featured in Global Finance’s October print and digital editions, as well as online at GFMag.com.

Global Finance will honor the World’s Best Banks 2025 on the morning of October 18 at the annual World’s Best Bank Awards Ceremony at the National Press Club in Washington, DC during the IMF/World Bank Annual Meetings. 

Winners were selected based on performance over the past year and other criteria including reputation and management excellence. Global Finance’s editorial board made the selections with input from corporate financial executives, analysts and bankers throughout the world. The editors also used entries submitted by banks for Global Finance’s 2025 awards programs, in addition to independent research, to evaluate a series of objective and subjective factors.