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The conversion went very smoothly due to the commitment and cooperation of all parties involved: INVESCO, National Custodian Services and FMC.
Peter Kempster, general manager of National Custodian Services, said, "We welcomed the opportunity to leverage the capabilities of The Bank of New York to the best advantage of our clients.
LONDON -- National Australia Bank today announced it plans to close its National Custodian Services UK operations and has reached an agreement to transfer its clients to The Bank of New York, subject to the approval of clients.