BNY Appointed Custodian By UK Building Society

The Bank of New York has been appointed by Leeds Building Society as global custodian for $4 billion of assets, and as its issuing and paying agent. Paul Riley, Head of Group Treasury, Leeds Building Society, said, "We appointed The

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The Bank of New York has been appointed by Leeds Building Society as global custodian for $4 billion of assets, and as its issuing and paying agent.

Paul Riley, Head of Group Treasury, Leeds Building Society, said, “We appointed The Bank of New York as it demonstrated a clear understanding of the sector we operate in,” said Paul Riley, head of group treasury, Leeds Building Society. “The team showed total commitment to our current and future needs since we began talks and they stood head and shoulders above their competition in showing that they have the experience to meet the complex nature of our business.”

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