Services/ CUSTODY SERVICES - Securities Lending
To complement our custody product, we offer a full service securities lending program that is designed to provide maximum results with minimal risk*. It includes:
- Comprehensive risk assessment
- Fully customized reinvestment program
- Diverse broker network
- Online, real-time systems
- Experienced professionals
Highlights of our securities lending program:
- We maintain a conservative securities lending program where our clients set the program parameters and reinvestment guidelines
- Custody and Securities Lending platforms are fully-integrated for trade settlement, income collection, proxy solicitations and corporate actions
- Systems and controls are maintained to assure efficiency and transparency for portfolio managers
- There are no charges for securities movement within the lending program
Each lender's portfolio is individually managed in accordance with their investment guidelines.
*National City Bank has engaged Union Bank of California, N.A. (UBOC) to act as agent bank for securities lending. UBOC is responsible for performing due diligence to mitigate operational and market risks.
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