Author: Joseph Giarraputo

Global Finance Names the World’s Best Subcustodian Banks 2013

150x170 SubCustody13

NEW YORK, May 15, 2013 Global Finance magazine has released its eleventh annual ranking of the “Best Subcustodians.” This exclusive survey will be published in the July/August issue. Global Finance editors and reporters, with input from expert sources, selected the winners from the institutions that reliably provide the best services in local markets and regions to global custodians. Our criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.

“The subcustody market is in a state of flux, with new regulations to deal with and a changing landscape of market players," said Joseph Giarraputo, publisher and editorial director of Global Finance .

“Subcustodians are key to the safekeeping of client assets. With these awards we evaluate those banks that do the best job of asset servicing and protection in highly complex global markets.”

An Awards Ceremony will take place during the SIBOS conference in Dubai in September.

For more information please contact: Katharine Frey, email: or phone: 212-524-3212

North America Citi
Western Europe BNP Paribas
Nordic Region SEB
Central & Eastern Europe UniCredit
Asia-Pacific Standard Chartered
Latin America Citi
Caribbean Scotiabank
Middle East HSBC
Africa Standard Chartered
Argentina Citi
Armenia Ameriabank
Australia HSBC
Austria UniCredit Bank Austria
Bahrain HSBC
Belgium KBC
Brazil Itaú Unibanco
Canada CIBC Mellon
Chile Banco de Chile
China Industrial and Commercial Bank of China
Colombia Citi
Croatia Zagrebačka banka
Czech Republic UniCredit Bank Czech Republic
Denmark Nordea
Egypt Commercial International Bank
Finland Nordea
France BNP Paribas
Georgia Bank of Georgia
Germany Deutsche Bank
Greece Eurobank
Hong Kong HSBC
Hungary UniCredit Bank Hungary
Iceland Íslandsbanki
India Deutsche Bank
Indonesia Standard Chartered
Ireland HSBC
Israel Bank Leumi
Italy Intesa Sanpaolo
Japan Sumitomo Mitsui Banking Corporation
Jordan HSBC
Kazakhstan HSBC
Kuwait HSBC
Lebanon HSBC
Luxembourg BNP Paribas
Malaysia Citi
Mexico BBVA Bancomer
Netherlands BNP Paribas
New Zealand HSBC
Nigeria Stanbic IBTC Bank
Norway Nordea
Pakistan Deutsche Bank
Paraguay Banco Itaú Paraguay
Peru Citi
Philippines HSBC
Poland Bank Pekao
Portugal Banco Espírito Santo
Qatar HSBC
Romania Raiffeisen Bank Romania
Russia Citi
Saudi Arabia SABB
Singapore DBS Bank
Slovakia UniCredit Bank Slovakia
South Africa Nedbank
South Korea Korea Exchange Bank
Spain BBVA
Sri Lanka Citi
Sweden SEB
Switzerland Credit Suisse
Taiwan Standard Chartered
Thailand Bangkok Bank
Turkey BNP Paribas
UAE Standard Chartered
Ukraine UniCredit Bank Ukraine
United Kingdom HSBC
United States Citi
Uruguay Itaú Unibanco
Venezuela Citi
Vietnam HSBC