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Headline

Acquiring the funds

Comment

Further proof that banks want to have it both ways! If a custodian bank is held to account for not having carried out its duties properly in the past, then it will need to charge more actually to do so in the future and to recoup what it has to pay out for not doing what it had charged to do in the past!

Posted date

26-Jan-2010

Posted time

3:18 pm

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