ICBC Standard Bank Plc Selected as Custodian of Low Fee Gold ETF

ICBC Standard Bank Plc announced that the World Gold Council has selected the Bank as the custodian of its new SPDR Gold MiniShares Trust (GLDM). As the custodian for GLDM, the Bank will be responsible for the safekeeping of the gold bullion bars delivered to GLDM in its own high-security vault, the largest commercial vault in London.