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EFG to use BNP Paribas as custodian bank in Australia and New Zealand

BNP Paribas Securities Services has been selected by Zurich-based EFG Bank as both global and local custodian in Australia and New Zealand. The French bank will now have US$3 billion in assets from EFG under custody. “We are delighted to strengthen our cooperation with BNP Paribas Securities Services by appointing them as our new custodian for Australia and New Zealand….

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