RBC Dexia to provide investor services to HSBC Australia insto arm
RBC Dexia has been chosen by HSBC Bank Australia to provide investor services to its institutional wealth management arm, HSBC Global Investments.
HSBC head of global investments Charles Genocchio said RBC Dexia was chosen for the strength of its global operational platform and client service. The mandate would extend HSBC’s successful international relationship with RBC Dexia, he said.
Managing director of RBC Dexia David Travers said the company looked forward to a long and mutually rewarding partnership with HSBC.
“We are confident that our strong, client-oriented culture and multi-marketed experience with HSBC products means we are well-equipped to deliver the excellent standard of service they have come to expect from us,” he said.
HSBC Global Investments distributes the asset management capabilities to institutional and wholesale platforms in Australia.
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