State Street and First Abu Dhabi Bank Ink Strategic Custodial Arrangement for MENA Institutional Investors
Posted on 07/12/2021
State Street Corporation and First Abu Dhabi Bank (FAB) will share custody duties for institutional investors in the Middle East and North Africa. The two banks revealed the strategic alliance. State Street, HSBC, BNY Mellon, Citigroup, and Northern Trust are competing heavily in the Middle East for custodial assets. The banks announced a strategic alliance […]