BoNY's new digs in KL

Alvin Kwan will represent Bank of New York in Malaysia; meanwhile, a mandate from Prudential.

Global securities services firm Bank of New York is expanding its presence in Asia with the opening of a representative office in Kuala Lumpur. The office will meet the increasingly complex needs of the bank's growing Malaysian client base, which includes the $63 billion Employee Provident Fund, by promoting a variety of products and services, including depositary receipts, custody, transition management, commission recapture, global payments, funds transfer, trade services, execution and clearing. It will not be a deposit-taking or banking...

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