What Is the Difference Between a Prime Broker and a Custodian? A custodian is a financial firm that holds financial assets for safekeeping to minimize the risk of theft or loss. While a prime broker may offer custody services, they also offer additional services including credit facility, clearin...
contract. Billy Smith is a 12 year old minor who is listed as the owner on a contract. John Smith, his uncle, is listed as the trustee on the contract. The role relationship that this transaction retrieves in this case is that of a guardian/custodian relationship between John and Billy ...
In this regard, the quality of partnerships with strong and innovative custodian banks is a key asset. The regulatory environment is becoming increasingly stringent. Where do you see opportunities for growth for financial intermediaries in Switzerland? The new legislation and regulations should,...
(1) Any property vested or deemed to be vested in Standard Chartered Bank (Hong Kong) by virtueofthisOrdinance which immediatelypriortothe appointed day was held by a transferring entity, whether alone or jointly with any other person, as trustee or custodian trustee of any trust deed, settlem...