News in brief: ABN Amro Mellon wins £350m mandate

ABN Amro Mellon Global Securities Services has been appointed to provide custody to the £350m (€560m) BBA Group Pension Fund.

The firm will provide core custody, and will be looking at securities lending, foreign exchange, and cash management. It says it has won over €64bn ($56bn) in assets so far this year. BBA is an industrial group that services the aviation and industrial markets.

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