Deutsche Bank has won the custody mandate of Société Générale Securities Services (SocGen), The Asset reports. The lender will manage the France activity of the fund administrator in Hong Kong.
Direct Securities Services, part of Deutsche Bank’s trust and securities services unit, provides fund and hedge fund administration as well as domestic custody services over 30 securities markets. It is a depositary for U.S. and global depositary receipts.
Click here for the story from The Asset.