Euroclear Bank to create operations centre in Asia-Pacific region
Euroclear Bank is to significantly improve its operational service levels for clients located in the Asia-Pacific region. The service improvements, centred in Euroclear Bank’s Hong Kong office, will also benefit clients around the world that settle and hold Asia-Pacific securities at Euroclear Bank.
Furthermore, Euroclear Bank will open a representative office in Beijing.
Euroclear Bank will enrich both its service quality in the region and operational excellence in Asian securities transactions by employing more than 25 new operations professionals in Hong Kong to work with Asia-Pacific clients in their own time zones and languages. Several senior-level operations and legal experts will also be transferred from the company’s Brussels-based headquarters to Hong Kong.
– www.theasianbanker.com (January 30 2008)–