It has long been suggested that the role of the custodian would go through less change during the next decade than that of broker-dealers, exchanges, clearing banks, central counterparty clearing houses or central securities depositories (CSDs).
A recent market survey conducted on behalf of BNP Paribas found that more than half (54%) of the custodians surveyed expected to expand to serve markets in new regions or increase their geographical footprint by serving more markets in the same region.
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