Allianz chooses Citi for custody in Asia

Feb 2, 2010

Standard Chartered loses out as Allianz hands Citi its insurance custody mandate for Asia, soon after the Bank Consortium Trust replaces HSBC as custodian of RCM's Hong Kong MPF funds.

Allianz has handed its regional insurance custody mandate to Citi, some two years after it appointed Standard Chartered to the role.

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