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NAB and numerous global custody providers are currently discussing the future operation of the NAB asset servicing business.
The bank said it is exploring the idea of a strategic partnering to improve NAB's custody products and services for customers.
Any changes to the current operating model are expected to be in line with the group strategy, which is focused on superannuation and ageing, the bank said.
“We will continue to explore potential arrangements over the coming months. However, the details of any discussions are commercially confidential,” NAB stated.
