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Citi looks for a growth edge with NAS agreement

As NAB Asset Servicing ceases its operations and its book of orphaned clients come to market Citi Securities Services hopes that a new referral agreement – and its experience with RBC – will give it an edge over other providers.

Lachlan Maddock | 16th Jun 2023 | More
NAB Asset Servicing calls it quits

Australia’s last domestically-owned custodian is winding down its operations after an on-off effort to sell the business.

Lachlan Maddock | 18th Nov 2022 | More
NAS sale falls through (again)

Talks between NAB Asset Servicing and HSBC for the latter to take charge of the former’s 30 largest clients have allegedly faltered.
Lachlan Maddock | 10th Jun 2022 | More