RBC to take care of Gibraltar’s IIG Financial Services
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RBC to take care of Gibraltar’s IIG Financial Services 11 October 2012London Reporter: Georgina Lavers
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RBC Investor Services has been mandated by IIG Financial Services to provide the private wealth manager with custody and foreign exchange services.
RBC Investor Services will accompany Gibraltar-based IIG Financial Services as it moves from a private banking custody model to a global custody model in support of their planned growth and as an integral part of their client acquisition strategy. The account will be serviced in the UK.
Simon Shapland, managing director of RBC Investor Services UK, commented: “This new mandate demonstrates the high quality of service and breadth of products we provide to businesses and our experience in assisting them in the pursuit of their growth ambitions. We are delighted to offer IIG our support at this exciting stage of their development.”
Gerald Rodriguez, COO of IIG Financial Services said: “From the outset, we have appreciated RBC Investor Services’ consultative approach and advice on aspects such as operational and risk management. When considering adopting a global custody model we were further convinced by their demonstrable expertise and understanding of the wealth management sector.”
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