KM Financial Solutions | StanChart first foreign bank to get China fund custody licence
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StanChart first foreign bank to get China fund custody licence

StanChart first foreign bank to get China fund custody licence

Standard Chartered Bank
(China) has become the first foreign bank to be granted a
licence to provide custody services to domestic funds and asset
managers in China, the bank said on Monday, as Beijing took
another step towards opening its capital markets.

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