Less than a year after the acquisition of RBC’s European asset servicing activities, all staff in each location have now regrouped under common legal structures, the firm says
ICMA’s response comes as part of the eight-week consultation period conducted by the Bank of England and Financial Conduct Authority into the application of the DSS
The firms have entered into a prime brokerage services referral partnership, where clients will be offered multi-asset class custody and securities lending capabilities
Mark Whipple, global head of securities lending at Invesco, will chair the newly created board of directors, following the association’s recent expansion into the US