ING has acquired the custodian business of CSFB in Russia, adding 140 clients to its existing base of 300. The value of assets in custody with the bank have risen by $2 billion to $18.2 billion, says ING. This is evidence that the shake-up initiated by John Mack ishoitting outlying parts of the CSFB empire.
ING Bank buys CSFB Custody Operation in Moscow
ING has acquired the custodian business of CSFB in Russia, adding 140 clients to its existing base of 300. The value of assets in custody with the bank have risen by $2 billion to $18.2 billion, says ING. This is