How does the custodian bank (Credit Suisse) communicate with its clients?
In addition to sending you fixed-format asset statements, Credit Suisse gives you access to advanced online systems. This allows us to make information on asset values, prices, yields and/or transactions available to you and your asset managers at any time. See Online services Does Global Custody allow clients to select their own asset managers, and change them if required? Global Custody allows for enormous flexibility in selecting your portfolio managers and brokers. The structure can be easily and cost-effectively adjusted or expanded at any time. See Concept Are there any conflicts of interests between the global custodian bank and the asset managers? No, the contrary is true. Indeed, by clearly separating the global custodian’s areas of responsibility (e.g. account and safekeeping account management, reporting, performance analyses etc.) from the asset managers’ areas of responsibility, conflicts of interests can even disappear altogether. See Concept Does having global custody al