Deutsche Bank appointed custodian for Kepler 31 March 2011Paris Reporter: Ben Wilkie
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Deutsche Bank has been appointed custodian for Kepler Capital Markets’ Fixed Income activity across 14 markets in Europe.
The bank has already begun providing services to Kepler’s French fixed income activity and expects to have completed the roll-out to all 14 countries by the end of this month.
Joseph Cusanno, managing director, head of fixed income and Olivier Segonne, head of fixed income operations & process control, Kepler Capital Markets commented: “Deutsche Bank is the ideal partner to provide a global clearing solution tailored to our clients’ needs and our business lines”.
Michael Aschauer, head of global sales and relationship management, Direct Securities Services (DSS), Deutsche Bank said: “We are delighted Kepler has chosen us for such a broad mandate. This agreement represents a further expansion of our footprint in Western Europe and demonstrates our commitment and dedication to Direct Securities Services.”
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