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Investment

NAB to wind up custody business

The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses.

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Read more: NAB Asset Servicing,  Australia,  J.P. Morgan,  ANZ,  Australian Custodial Services Association,  Brighter Super,  CareSuper,  Citigroup,  Commonwealth Bank,  Crescent Wealth,  Energy Super,  Equipsuper,  Fiducian,  Guild Group,  HSBC,  John Comito,  Maritime Super,  Mason Stevens,  Northern Trust,  State Street,  Statewide Super,  Suncorp,  University of Sydney,  Westpac