China’s economic future and the echoes of Japan’s lost decades
China's weak economic recovery since the pandemic has raised questions about the country's growth model. As a significant contributor to the world economy, China's fate has profound implications for global markets. Our experts draw economic parallels between today’s China and 1980s/1990s Japan, assessing how China may fare better or worse.
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Since opening our first European office in Munich in 1970, we’ve built a strong presence across Germany, continuously expanding our services to meet our clients’ evolving needs. We received our local banking license in 1994 and have been offering depositary services for investment companies in Germany since 1996. In 2003, we expanded our German footprint with an office in Frankfurt, having acquired a substantial part of Deutsche Bank's Global Securities Service business. We have continued to grow our presence in Germany and today are one of the three largest custodians and depositary banks in the country, offering an extensive suite of solutions to asset managers, fund management companies and institutional investors.
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