Unicredit and Societe Generale Securities Services to Renew Strategic Partnership
23 Noviembre 2017 - 2:30AM
Noticias Dow Jones
By Sonia Amaral Rohter
UniCredit SpA (UCG.MI) and Societe Generale Securities Services
said on Thursday that they intend to renew their strategic
partnership on securities services.
Unicredit signed a memorandum of understanding with SGSS,
Societe Generale's (GLE.FR) Italian subsidiary, committing to
extend their current service management agreement until 2026. The
agreement covers custody, settlement and market-data management
services and has been in place since September 2006.
"We decided to extend a long and successful partnership with
SGSS to allow UniCredit to benefit from our partner's expertise in
the best interest of our customers and in line with the Transform
2019 objectives," said Ranieri de Marchis, UniCredit's global
co-chief operating officer.
Write to Sonia Amaral Rohter at
sonia.amaralrohter@dowjones.com
(END) Dow Jones Newswires
November 23, 2017 03:15 ET (08:15 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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