TORONTO, Nov. 19 /CNW/ - RBC Dexia Investor Services today announced that
it has been selected as custodian and securities lending provider for Cayman
National Securities in Grand Cayman.
"After conducting a thorough review of the providers in the marketplace,
we are very pleased to have selected RBC Dexia for our custody and securities
lending services," said Jay Schutte, Senior Vice-President of Operations for
Cayman National Securities. "The key reasons behind this decision included RBC
Dexia's strong reputation for excellent service and their proven approach to
managing risk on behalf of their institutional clients."
"We are delighted to have been selected to provide custody and securities
lending services to Cayman National Securities," said Brent Wilkins, Head,
Sales & Relationship Management, Americas for RBC Dexia. "The fact that more
institutional investors around the world continue to choose RBC Dexia for
their investor services speaks to the proven quality of our service offering
and the strength of our track record. We are looking forward to a long,
mutually beneficial relationship with Cayman National Securities."
RBC Dexia has been named the world's No. 1 custodian overall for four
consecutive years in the Global Investor Global Custody Survey (2004 - 2007)
and three consecutive years in the R&M Consultants Global Custody Survey (2005
- 2007). In October 2007, RBC Dexia was awarded 'Top-Rated' status by Global
Custodian magazine based on the quality of its custody services to
institutional investors in Canada.
About RBC Dexia Investor Services
RBC Dexia Investor Services offers a complete range of investor services
to institutions worldwide. Established in January 2006, we are a joint venture
equally owned by Royal Bank of Canada and Dexia. We rank among the world's top
10 global custodians, with USD 2.8 trillion in client assets under
administration. Our innovative products and services help clients maximise
operational efficiency, minimise risk and enhance portfolio returns. And our
more than 4,500 professionals in 15 markets offer proven expertise to enhance
clients' business performance.
For further information:
For further information: Warren Weeks, RBC Dexia Investor Services,
Toronto, (416) 955-7048; Helen Jed, RBC Dexia Investor Services, London, 44
020 7653 4463