Two of the sides have inked a memorandum of understanding where China Construction Bank would similarly hire CIMB Bank as its sub-custodian bank to clear, settle and safekeep
China Construction Bank customers' investment portfolio in Malaysia.
Sheetal, separated from husband and industrialist Atulya Mafatlal but residing under the same roof, had asked her friend Areef Patel to safekeep
31 paintings worth ` 100 crore in July 2011.
There is no question about its gas reserves; the producers have brought the gas to the surface with the oil and then reinjected it to pressure out more oil and to safekeep
the gas until the economics of a project look better.
The services are to be provided through Montague Place Custody Services (MPCS), which would hold and safekeep
its clients' assets in certain key markets with the help of BNY Mellon, while continuing to maintain GSI's prime brokerage and trading relationships.
Federal Reserve Banks did not safekeep
securities owned by nearby banks because those banks could readily deliver securities from their own vaults and because the Reserve Banks lacked vault space.
Because some proceeds from securities sales were held at depository institutions, the Banks also began to safekeep
collateral that was pledged to the Treasury to protect those funds.