Global Custodian, a leading international magazine covering the international securities services business, recently honoured HSBC Malta with an Award for Excellence.

The award was made following the results of the annual Global Custodian magazine survey of the clients of agent banks in emerging markets. The survey, which celebrates its 20th anniversary this year, is based on analysis of more than 4,430 authenticated responses from the clearing and custody clients of banks in 64 emerging markets.

"HSBC is a leading world player in the Global Custody business. With the growth of the financial services industry in Malta, HSBC is well placed to provide a one-stop shop for investment managers, captive insurers and hedge funds. These awards are testimony to the world class quality of our custodial services," said HSBC Malta CEO Alan Richards.

HSBC Custody Services is part of the Global Banking & Markets Malta business function and is headed by Stephen Spiteri.

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