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SocGen signs UAE deal

13 July 2010

Société Générale Securities Services and the National Bank of Abu Dhabi sign commercial agreement

Read more: [Société Générale Securities Services] [National Bank of Abu Dhabi] [UAE]

Société Générale Securities Services and the National Bank of Abu Dhabi, one of the biggest banks in the United Arab Emirates, have signed a commercial agreement which capitalises on their recognized abilities to provide extensive securities services in their respective regions.

The agreement enables SGSS, the world’s sixth largest global custodian, and NBAD, the first licensed securities custodian in the...


 

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What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%