Citigroup gets approval to operate fund custody business in China

Citigroup gets approval to operate fund custody business in China

In this blog, we curate relevant and remarkable content related to digital banking, fintech and high-performance banking leaders. This piece by Reuters reports that Citigroup gets regulatory nod for fund custody business in China. Read on.

“Citigroup said on Friday it had become the first major global custodian allowed to operate an onshore fund custody business in China, tapping into the country’s $19 trillion asset management industry.”

Continue Reading…

scroll to top