JP Morgan signs Rabo
TECHNOLOGY NEWS
Concentrating its dollar requirements with JP Morgan provides Rabo with a strategic operational platform. In addition, it will enhance liquidity management and growth in transaction volume, according to the US investment bank.
Along with providing clearing and custody services for Rabo’s dollar securities portfolios, JP Morgan will process all dollar treasury and continuous-linked settlement payments and a large proportion of commercial payments for the bank.
Michael Clark, executive vice
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