Development Bank of Singapore (DBS) has been appointed depository for Clearstream Banking in its home market. The mandate covers equities as well as fixed income instruments. This means that DBS is now depository to both the major European ICSDs: it acts already for Euroclear. “This is testimony to the high standards of service DBS provides to its clients,” says a spokeswoman for DBS in Singapore.
DBS Appointed Singapore Depository For Clearstream
Development Bank of Singapore (DBS) has been appointed depository for Clearstream Banking in its home market. The mandate covers equities as well as fixed income instruments. This means that DBS is now depository to both the major European ICSDs it