Credit Agricole Investor Services in Paris has put a further 1.1 billion of UK assets into custody with HSBC Global Investor Services (GIS). This follows the amalgamation of Credit Agricole Investor Services UK portfolio, and the selection of GIS as custodian.
“We are extremely pleased that our market-leading UK service was able to meet fully the needs of Credit Agricole Investor Services,” says Paul Stillabower, Head of Business Development at GIS. “The UK is an important client market within our overall European proposition. We will continue to look for ways to improve our service to meet client demands.”
GIS currently has over 1,400 clients, with assets under custody exceeding US$1 trillion in 70 markets.