The license and the new office will enable the world’s largest custodian to capitalise on the opening up of Saudi Arabia’s securities market to foreign investors.
Tag: Saudi Arabia
HSBC Securities Services is aiming to capitalise on the growing interest from foreign investors in Middle Eastern markets, particularly Saudi Arabia.
Global Custodian looks at some of the critical issues discussed at The Network Forum Middle East Meeting in Oman earlier this week.
Since Saudi Arabia opened its doors for foreign investors in 2015, HSBC has emerged as the largest custodian in the country.
Landmark inclusion for Saudi Arabia in MSCI index as Deutsche Bank’s chief country officer says it’s a “major milestone” for the entire Middle East.
Saudi Arabia opened its doors to foreign investors three years ago and has been touted as the next up and coming market.