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…