The decision to sell the business comes as RBC I&TS shifts its Asian strategy to focus on core markets and products.
Royal Bank of Canada and its Channel Islands subsidiary have joined LCH RepoClear as clearing members for Euro and Sterling debt.
RBC's group head of wealth management & insurance will assume leadership for the I&TS business.
New impact investment manager selects RBC as custodian and administrator in Australia.
Highly regarded market structure expert to join RBC from BNY Mellon.
Former Citi and Bank of Ireland transfer agency expert joins up with RBC Investor & Treasury Services.
The report suggests custodians are no long the central hub of technology for RIAs, with tech vendors now providing direct competition over data and analytics.
The mandate will cover AMOAI’s first global Luxembourg-domiciled infrastructure debt vehicle, Cosmic Blue PF Lotus FCP.
Head of investors services for APAC retires, leaving RBC after eight years.
RBC follows up on recent Coin Capital and Bristol Gate Capital Partners deals with ETF custody mandate from First Block Capital.