RBC I&TS extends Societe Generale mandate
Following a competitive tender, RBC Investor & Treasury Services in Canada has extended its relationship with Societe Generale by becoming sub-custodian in Canada for additional businesses within the Societe Generale group based in the US and Italy.
The account will continue to be serviced from Toronto and builds on a relationship of over twenty years with Societe Generale, one of the largest European financial services groups.
RBC Investor & Treasury Services is a leader in Canadian clearing, cash management and trade finance for financial institutions worldwide. It is the largest provider of custody in Canada, with just over 40% of Assets under Administration, according to the firm.
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