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The World’s Best Subcustody Banks 2015 - Press Release
The World’s Best Subcustody Banks 2015 - Press Release
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Custody Services | Global Finance Names the World's Best Subcustodian Banks of 2015.
NEW YORK, May 7, 2015 — Global Finance magazine has announced its thirteenth annual awards for the World’s Best Subcustodian Banks. A full report on the selections will appear in the July/August issue of Global Finance.
Global Finance’s editorial board, making use of market research, input from expert sources and entry information from banks, 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.
“Subcustodial institutions face a vastly increased focus on due diligence not only from their custodial and prime broker clients, but also from their clients’ fund manager clients—as a result of global anti-money-laundering, sanctions screening, know-your-customer, and, importantly, KYCC regulations. As such, custodians seek out those subcustody banks that are the safest and have the most in-depth knowledge of local markets and regulatory regimes,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “With these awards we evaluate those banks that do the best job of asset servicing and protection in increasingly complex global markets.”
THE WINNERS
Winners will be honored at an Awards Ceremony on the morning of 14th October at the Marina Mandarin Singapore during the 2015 Sibos Conference
REGIONAL WINNERS
North America
Citi
Western Europe
Societe Generale
Nordic Region
Nordea
Central & Eastern Europe
UniCredit
Asia-Pacific
HSBC
Latin America
Citi
Caribbean
Scotiabank
Middle East
HSBC
Africa
Standard Bank
COUNTRY WINNERS
Argentina
HSBC
Armenia
Ameriabank
Australia
National Australia Bank
Austria
UniCredit Bank Austria
Bahrain
HSBC
Belgium
BNP Paribas
Brazil
Itaú Unibanco
Bulgaria
UniCredit Bulbank
Canada
CIBC Mellon
Chile
Banco de Chile
China
Industrial and Commercial Bank of China
Colombia
Citi
Croatia
Societe Generale-Splitska banka
Cyprus
Bank of Cyprus
Czech Republic
UniCredit Bank Czech Republic
Denmark
Nordea
Egypt
Commercial Iinternational Bank
Estonia
SEB Pank
Finland
Nordea
France
Societe Generale
Georgia
Bank of Georgia
Germany
Deutsche Bank
Ghana
Stanbic Bank Ghana
Greece
BNP Paribas
Hong Kong
HSBC
Hungary
UniCredit Bank Hungary
Iceland
Islandsbanki
India
SBI-SG
Indonesia
Standard Chartered
Ireland
HSBC
Israel
Bank Leumi
Italy
Intesa Sanpaolo
Japan
Mizuho
Jordan
Standard Chartered
Kazakhstan
Citi
Kenya
CfC Stanbic Bank
Kuwait
HSBC
Latvia
SEB Banka
Lebanon
HSBC
Lithuania
SEB bankas
Luxembourg
BNP Paribas
Malaysia
Maybank
Mauritius
HSBC
Mexico
BBVA Bancomer
Mongolia
BNP Paribas
Morocco
BMCI
Mozambique
Standard Bank Mozambique
Namibia
Standard Bank Namibia
Netherlands
BNP Paribas
New Zealand
National Australia Bank
Nigeria
Stanbic IBTC Bank
Norway
Nordea
Oman
HSBC
Pakistan
Deutsche Bank
Paraguay
Banco Itaú Paraguay
Peru
Citi
Philippines
HSBC
Poland
Bank Pekao
Portugal
Banco Santander Totta
Qatar
Qatar National Bank
Romania
Citi
Russia
SGSS Russia
Saudi Arabia
HSBC Saudi Arabia
Serbia
UniCredit Bank Serbia
Singapore
DBS Bank
Slovakia
ČSOB Slovakia
Slovenia
UniCredit Bank Slovenija
South Africa
Nedbank
South Korea
Korea Exchange Bank
Spain
BBVA
Sri Lanka
Citi
Sweden
SEB
Switzerland
Credit Suisse
Taiwan
CTBC Bank
Thailand
Bangkok Bank
Tunisia
Union Internationale de Banques
Turkey
Türk Ekonomi Bankası
UAE
HSBC
Ukraine
Ukrsotsbank
United Kingdom
HSBC
United States
Citi
Uruguay
Itaú Unibanco
Venezuela
Citi
Vietnam
Standard Chartered
To obtain rights to use Global Finance’s World’s best Subcustodian Banks 2015 logo, please contact:
Chris Giarraputo | chris@gfmag.com
The unauthorized use of Global Finance Award logos is strictly prohibited.
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFmag.com — offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
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