TORONTO, Jan. 7 /CNW/ - RBC Dexia Investor Services today announced that it has been appointed as Canadian sub-custodian by BNP Paribas Securities Services (`BNP Paribas'). As part of this new mandate, RBC Dexia will provide Canadian custody on behalf of BNP Paribas.
"BNP Paribas has a long and successful history as one of the world's leading custodians. We are extremely pleased to welcome them as a new sub-custody client in the Canadian market and look forward to providing them with the investor services solutions and the high level of client focus they are looking for," said John Lockbaum, Managing Director, Canada for RBC Dexia Investor Services.
RBC Dexia was recently awarded Top-Rated status in Global Custodian magazine's 2009 Agent Banks in Major Markets Survey, and was the only provider in the Canadian market to earn Top-Rated status in all three of the survey's categories (leading clients, cross-border clients and domestic clients).
About RBC Dexia Investor Services
RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,400 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management processes. Equally-owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.3 trillion in client assets under administration. www.rbcdexia.com
SOURCE RBC Investor & Treasury Services
For further information: For further information: RBC Dexia: Jason Graham, Toronto, (416) 955-5800, email@example.com; Raphaël Mazet, London, +44 (0)20 7653 4329+, firstname.lastname@example.org