Sumitomo acquires Daiwa asset servicing arm

Wed Jul 4, 2012

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Japanese banking giant Sumitomo Mitsui Trust Bank (SMTB) is acquiring the global asset servicing arm of Daiwa Securities Group in an expansion that will give it the capability to service offshore funds globally while allowing Daiwa to exit the  business...

ISSN: 2151-1845 / CDC10004H


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