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Headline: Global custody – Who rules in Europe? Source: Euromoney Date: May 2000 Author: David Shirreff Deutsche Bank has the biggest market share in Europe, and nearly took Dresdner Bank’s slice too. But the frontier of the custody market is a moving target, and so is the associated risk. David Shirreff reports Global custodians got excited when Deutsche and Dresdner Bank in Germany announced a merger on March 7. Why? Because the deal included selling two Deutsche units – asset manager DWS and life-insurer Deutsche Herold – to Allianz insurance. The |
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