Securities lenders and borrowers in Canada will soon be able to trade any trust that is listed on a stock exchange after the country’s minister of finance, Jim Flaherty, tabled a motion to implement outstanding technical tax amendments...
RBC Global Asset Management has expanded its suite of Target Maturity Corporate Bond ETFs. Effective today, the RBC Target 2021 Corporate Bond Index ETF is available for purchase...
BNY Mellon subsidiary and prime broker Pershing LLC has launched a Canadian affiliate, Pershing Securities Canada Limited, and opened a new offiice in Toronto as it bids to increase its presence in the Canadian market...
The Royal Bank of Canada has taken full control of RBC Dexia Investor Services and rebranded the global custody, fund and pension administration services provider as RBC Investor Services...
Citi has renewed its agreement with Chou Associates Management to provide trust and securities lending services for $600 million in mutual fund assets...
The Royal Bank of Canada’s (RBC’s) move to take full control of global custody, fund and pension administration services provider RBC Dexia Investor Services has been approved in Europe...
CIBC Mellon will provide asset servicing solutions for the Nortel Networks Canadian defined benefit pension plans, including securities lending, custody services, pension accounting, pension benefits payment and reporting...