RBC Treasury & Investor Services (RBC I&TS) has awarded Deutsche Bank with a multi-market mandate in TARGET2-Securities, Global Custodian has learned from this year’s NeMa conference in Athens.
The mandate spans over five markets with the potential to consolidate RBC I&TS’s T2S business flows.
This is the second major business move, with Northern Trust, together with Euroclear, awarding Deutsche Bank, an asset servicing mandate in T2S.
In the case of RBC I&TS, Deutsche Bank will act as their account operator.
NeMa Exclusive: Deutsche Bank Awarded T2S Mandate by RBC I&TS
RBC Treasury & Investor Services (RBC I&TS) has awarded Deutsche Bank with a multi-market mandate in TARGET2-Securities, Global Custodian has learned from this year's NeMa conference in Athens.