Custody and Clearing
HSBC's Custody and Clearing

HSBC's Sub-Custody and Clearing business operates in 39 markets in Asia-Pacific, the Middle East, Europe and Latin America, providing world-class services to global custodians, fund managers and broker dealers in all territories and countries where HSBC has a presence.

With more than 60 years presence in the Middle East, HSBC is committed to the region and has an in-depth understanding of the uniqueness of each of these markets. HSBC Securities Services (HSS) has the most comprehensive network of any bank in the Middle East with its presence in 11 regional markets. Through our involvement we played an active role in the development of the markets from their start-up to maturity.

HSBC has been providing sub-custody and clearing services to foreign clients in Qatar since December 1998, when the market first opened to foreign investors. As a business, we have a diverse client base, including international broker dealers, global custodians and government agencies.

Our international experience in the custody business, as well as a diversified client base enables us to anticipate client requirements and provide matching service levels. Our client base in Qatar includes some of the world's largest global custodians and their satisfaction with our services are reflected in their Number 1 rating in Global Custodian magazine's Review of Agent Banks in Emerging Market.

We have consistently won awards in recognition of our contribution to the industry and in servicing our clients. Some of the latest awards include:

·Global Finance awarded to HSBC for the Best Sub-Custodian in the Middle East in 2009. In the same year, Global Finance also awarded the Best Sub-Custodian award to Bahrain, Jordan, Kuwait, Lebanon, Qatar and Saudi Arabia.

Number one ranking in all the markets in the Middle East in the 2009 Global Custodian Review of Agent Banks in Emerging Markets survey in the Cross-Border and Leading Clients categories. HSBC was also ranked the Best Sub-Custodian for the Middle East and North Africa.

HSBC was ranked number one in all 11 countries in the Middle East and Africa in both the weighted and unweighted categories in the 2010 Global Investor Sub-Custodian survey.

In 2009, Agent Investor named HSBC the Best Securities Services provider in the Middle East

In 2010, The Asset named the HSBC the Best Custody Specialist – Middle East.

 

For more information on HSBC's Custody and clearing services in Qatar, please contact:
Shreen Abeysekera
Head of HSBC Securities Services
HSBC Bank Middle East Limited
3rd Floor, Ali Bin Ali Tower
Building no: 150, Al Matar Street (Airport Road),
P.O.Box 57
Street no. 950,
Ummghuwalina Area,
Doha, Qatar
Tel: (974) 438 3345
Fax:(974) 438 2264
E-mail: shreen.abeysekera@hsbc.com