The new programme represents the first time foreign investors can access China A-Shares, via depository receipts, outside of the Greater China region.
Tag: BNP Paribas Securities Services
BNY Mellon has made three major appointments to its European trust and depositary (T&D) business over the past two months.
Over 90% of asset owners and managers believe more than 25% of their funds will be allocated towards ESG by 2021.
Intertrust has grown its business in Ireland, opening a fund administration business a plans to recruit 60 new staff for its Dublin-based business.
Robert van Kerkhoff has assumed responsibility for driving the bank's growth across the Luxembourg, Netherlands and Nordics markets.
The deal will give China Merchant Bank wider access to international market and supports its growth ambitions.
However assets under custody for the French bank fell by 1.3% to €9.3 trillion as a global sell-off in equity markets hit Europe.
The move forms part of its overall strategy to simplify access to China for institutional investors that have, so far, found it too complicated to invest.
Cypriot financial services firm selects French bank for fund services and custody.
BNP Paribas has more than tripled its assets under custody over the past five years under the leadership of Philippe Benoit.