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Industry news

NAB exploring options for world-class custody services


01 July 2014 Victoria
Reporter: Catherine Van de Stouwe

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Image: Shutterstock
The National Australian Bank (NAB) has today revealed it is in the process of discussions with a number of global custody providers for options in future operations of the NAB Asset Servicing (NAS) business.

The discussions are focusing on ways to enhance the current global and local custody providers to deliver “world-class” customer service and delivery of products.

In a statement released by NAB, discussions and potential arrangements are set “over the coming months.”

Details of those involved in the discussions have yet to be released.
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