As all else collapses, custodians come to the fore

While being far from immune from the financial crisis, asset servicing firms, such as custodians, have tended to fare better than many other financial institutions as the impact of the credit crunch permeated through the rest of the economy over the past 12 months. Custodians, in particular, which moved up the food chain in recent years to diversify their services in cash and foreign exchange […]