Deutsche Bank (China) Co., Ltd. (DB China) declared that it has been approved by the People's Bank of China (PBOC) to handle inter-bank bond settlement agency service, offering service to companies and financial institutions participating in bond trading in China.
After being qualified, Deutsche Bank will be able to offer settlement and custody service to inter-bank bond trading in addition to service offered to exchanges, with serving targets extended to CNY trading settling banks, insurers, QFII and RQFII.
Source:
http://www.sinocast.com/readbeatarticle.do?id=101063