RBC Dexia Investor Services has been appointed as Canadian sub-custodian by BNP Paribas Securities Services. 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 worlds 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 magazines 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 surveys categories (leading clients, cross-border clients and domestic clients).