ABN Mellon scores big China custody win

ABN Amro Mellon Global Securities Services has announced a huge securities services win in China, with the firm being appointed as global custodian by Agricultural Bank of China (ABC). Under the agreement, ABN Mellon will provide not only global custodian to one of ChinaÆs largest commercial banks, but will offer securities lending services to ChinaÆs second-largest commercial bankÆs international assets. Within the global custody portion of the mandate, ABN Mellon will provide tradit…