Jun 4th, 2025

Euroclear CEO on Trump Tariffs Impact, Volatility, Frozen Russian Assets

International settlement house Euroclear says the impact of President Trump's tariffs have been limited so far. Settlement activity increased in the first quarter because of market volatility driven by geopolitical uncertainty. The organization settles and clears a wide range of securities transactions and has €40.7 trillion of assets under custody. They also hold most of Russia's frozen state assets. Euroclear CEO Valérie Urbain joined Francine Lacqua on The Pulse.