RBC Throws in the Towel on Investor Services’ Business in Europe, Sells to CACEIS

Posted on 10/18/2022

The Royal Bank of Canada (RBC) continues to shed away European business assets from a forward march in the 2010s. CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, and Royal Bank of Canada announced that they have signed a Memorandum of Understanding with a view for CACEIS to acquire the European…

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