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Investment

HSBC committed to local custody arm despite rapid decline in assets

Despite its local assets under custody and administration plummeting by more than 60% in the past six months, HSBC is adamant it's not going anywhere.

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Read more: ACSA,  HSBC Custody Nominees,  HSBC Australia,  Australian Custodial Services Association,  Australian Institute of Superannuation Trustees,  Citigroup,  Clearstream,  Financial Standard,  J.P. Morgan,  Netwealth