EUROPE - Dutch financial services firm ING Group and The Bank of New York have launched a new global custody service for European institutional clients called ING/BNY Securities Services.
The move is largely in response to ABN Amro’s 50-50 tie-up with Mellon as well as State Street’s business boosting acquisition of Deutsche Bank’s custody unit. Both deals took place last year. I...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
