Good news for JPMorgan as Royal Mail consolidates

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ROYAL Mail Pension Plan is consolidating the custody of all its segregated assets - £2.2bn - with JPMorgan Worldwide Securities Services.

The firm has acted as a global custodian for the £22bn scheme since 1999. JPM WSS head of relationship management in Europe, Middle East and Africa Richard Warne said: “We were delighted a valued...

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