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…
Category: RBC
IQ-EQ hires from RBC I&TS
Samuel Kuborn has joined IQ-EQ as regional chief operating officer for continental Europe, based in Luxembourg. He previously spent nearly 13 years at RBC Investor & Treasury Services.
CACEIS signs MoU with RBC
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 I&TS appoints global head of T&DS
RBC Investor & Treasury Services has appointed Bob Schaminé as global head, trustee & depositary bank services, based in Luxembourg. He was previously head of client experience for Europe & APAC.
RBC I&TS hires global head of client service
Cesar Rainusso has joined RBC Investor and Treasury Services global head of client service and success. Based in Toronto, he was previously at Accenture.
RBC wins City of Richmond Hill mandate
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 joins BNY Mellon in Lux
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.
State Street hires new global head of network management
State Street has hired Dan Hickey as global head of network management, based in the UK. Hickey joins from RBC Investor & Treasury Services, where he held a similar role. Following the successful implementation of its market-leading Network 2.0 strategy, RBC is currently building out interfaces with its three core sub-custody providers: Citi, Clearstream and…
New UK sales head at RBC
Nils Mordt has been appointed head of UK client coverage at RBC Investor & Treasury Services. He has been at RBC since 2018.
HSBC wins GBP50bn Aviva RE mandate
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…