Category: RBC

RBC has hired Kevin Lui as head of custody product. He left Citi earlier this year after nearly 29 years. Additionally, Marijana Jovanovic has recently joined as head of product transformation, Canada. She joins from Manulife, where she was most recently responsible for leading transformation of the corporate treasury function. Prior to this, she was…

CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, has signed a memorandum of understanding with Royal Bank of Canada for CACEIS to acquire the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. This would include custody, global custody FX, fund administration, transfer agency, middle…

RBC Investor & Treasury Services has been appointed by the City of Richmond Hill to provide custody and reporting services for the city’s consolidated assets. Bernard Yu, financial management advisor at Richmond Hill, said: “We have chosen RBC I&TS because of its solid track record in servicing other municipalities and adaptability to the evolving technological…

Laurent Born has joined BNY Mellon as head of depositary bank services in Luxembourg. He previously spent more than 17 years at RBC Investor & Treasury Services. His appointment follows the recent announcement that Brenda Bol had been appointed as the new branch manager for BNY Mellon in Luxembourg.

HSBC and Mount Street Group have entered into a 10-year strategic agreement with Aviva Investors for asset servicing arrangements for its real assets business, covering GBP50bn (USD60bn) AuM. The mandate will see HSBC and Mount Street assume all fund administration and debt servicing functions on behalf of Aviva Investors’ real assets strategies. The mandate follows…