State Street Bank and Trust Company has appointed Skandinaviska Enskilda BankenAB Helsinki Branch (SEB, Helsinki) as its new sub-custodian in Finland.
The transition date is scheduled for 20 November, 2006.
“Assets will be transitioned from Nordea to SEB, Helsinki on 20 November 2006,” says a spokesman for SEB. “SEB should therefore be used for transactions with a settlement date on or after 20 November 2006.”