Citi wins OCBC custody mandate for 14 markets

Singapore-based OCBC Securities has signed a custody agreement with Citi to use its proprietary back-end network to support its trading and investment activities in 14 markets. Citi has declined to reveal the size of the mandate. Clients of OCBC Securities who trade in Hong Kong, Indonesia, Malaysia and Thailand already have access to the direct custody services provided by Citi. Migration of accounts and provision of custody services are now being rolled out for the rest of the 14 m…