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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
