Econ and Finance - 03 Sep 2020

Citi granted fund custody license

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On Wednesday, the China Securities Regulatory Commission (CSRC) said it had granted Citigroup a fund custody license.

That makes Citi just the second foreign bank – after Standard Chartered – to be allowed to hold securities on behalf of mutual and private funds domiciled in China.

Some conte...

Snuh-ohez.

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