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Global Finance Names the World’s Best Subcustodian Banks 2013
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:
kfrey@gfmag.com
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 |
Oman | HSBC |
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 |