Canada

According to the Association, adding BCI “completes the representation from the largest pension plans in Canada”, a group informally known as the Maple 8

The amendments aim to enhance the rule framework regarding retail fully paid securities lending, as well as to address inconsistencies in the existing financing rules

Global middle-office solution OnCore will be integrated into Mackenzie’s existing business applications, enabling enterprise growth. The service will be administered by BNY Mellon

Roanna Kim and Vesna Dragic both bring a wealth of experience in securities finance to the new role

This move will extend its service coverage to support the lending of client assets held in Malaysia, the Canadian bank’s 34th market

The office will support Canadian clients’ global activities, and will work in parallel with the firm’s Montreal outpost

Claire Johnson will assume the role of CEO on 16 October 2023

Formerly part of RBC Investor & Treasury Services, the firm’s treasury services activities will now operate within RBC Capital Markets