BNY Mellon snares Taiwanese custody mandate

In what is a new mandate, BNY Mellon is the first global custodian to be selected by Farglory Life for the administration and custody of its overseas assets. Farglory Life is a subsidiary of the Farglory Group, one of TaiwanÆs largest land development and construction companies with a broad range of businesses that includes realty, logistics, hotel and recreation facilities, leasing and life insurance.ôOver the last few months we have seen more assets moved to custodian banks or count…