Citigroup scores Prudential custody win

Citigroup has inked a major deal with Prudential (UK), winning the right to offer securities services, fund accounting and related fund administration. The mandate, which Citigroup won over a handful of other custodian banks, will include providing these services for PrudentialÆs insurance funds and unit-linked funds across Asia. This mandate will include securities services, fund administration and fund accounting in Hong Kong, Indonesia, Malaysia, South Korea, Philippines, Taiwan, T…