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Bank of Taiwan, Northern Trust in tie-up

Bank of Taiwan and American international financial services company the Northern Trust Corporation have concluded a strategic collaboration to offer institutional investors in Taiwan access to a unique solution combining Bank of Taiwan’s local expertise and Northern Trust’s global custody and asset servicing capabilities. The terms of the MOU provide that Northern Trust will offer offshore global custody and asset servicing solutions for select institutional and governmental clients in Taiwan. Northern Trust has a network of nine locations across Asia-Pacific, in Australia, China, Hong Kong, India, Japan, Malaysia, the Philippines, Singapore and South Korea. It offers asset servicing and asset management solutions to sophisticated institutional investors and affluent individuals worldwide.

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