Spanish Banks Name RBC as Global Custodian

Royal Bank of Canada (RBC) Investor & Treasury Services has been selected by three Spanish banks to act as their global custodian.

The banks it will provide global custodian services for are Banco Caminos, Banco Mediolanum and Banco Madrid.

“The appointment by Banco Caminos, Banco Mediolanum and Banco Madrid is an important development for us in Spain, adding to our existing client base in the region, and further evidence of our expertise in custody and asset servicing,” says José María Alonso-Gamo, managing director, RBC Investor & Treasury Services, Spain.

RBC Investor & Treasury Services has been present in Spain since 1989 when it began providing custody under the Bancoval brand