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BNY Mellon named investment provider of NTUC Income

BNY Mellon on Tuesday said it has been appointed by Singapore's largest insurer NTUC Income Cooperative (NTUC Income) to provide global custody, fund accounting, compliance monitoring, collateral valuation and administration for their assets under management.

NTUC Income has consolidated its two existing global custodians and made BNY Mellon its sole provider of investment services.

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