GLOBAL - State Street is on track to retaining 90% of Deutsche Bank's custody clients, following the acquisition of its global securities services business.
The firm bought Deutsche’s GSS business – which includes the WM Company, global custody, fund administration and securities lending – for US$1.5bn (£946m) last year, and expects to finish the integ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date