Euroclear signs off eventful quarter with AUC increase, profit drop
Busy quarter of product launches and post-Brexit moves culminates in uptick across some business lines and assets under custody, despite profit dip.
Tag: Bank of China
Custodians buoyed by sharp rise in China’s mutual fund launches
New public mutual fund launches in China totalled $163 billion (RMB 1.07 trillion) in the first quarter of the year.
Bank of China first to issue new Euroclear Yulan bond
Launched in December, Yulan bonds provides Chinese issuers to gain direct exposure to a wider foreign investor base and access a deeper liquidity pool.