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Citi wins Korea mandate
27 January 2010
Citi has won a Korean custody mandate
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Citi
Tong Yang
Korea
custody
Citi’s Securities and Fund Services, a division of Global Transaction Services, has been appointed custodian bank by Korea-based Tong Yang Investment Trust Management. The mandate exclusively covers China, with Citi acting as custodian for Tong Yang Investment Trust’s client’s Qualified Foreign Institutional Investor (QFII) investments. Under the mandate, Citi’s Securities and Fund Services will provide Tong Yang Investment Trust Management a range of services, including asset safekeeping, trade transaction processing, income collection, corporate actions...
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