Hong Paterson joins RBC I&TS in Singapore 06 July 2017Singapore Reporter: Stephanie Palmer
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Royal Bank of Canada Investor & Treasury Services (RBC I&TS) has poached J.P. Morgan’s Hong Paterson to lead its Singapore business.
Paterson will be country head and director of global client coverage in Singapore, leading business development and client coverage in the country.
She joins from JP Morgan Commercial Banking in Singapore where she was an executive director, responsible for multi-national clients. Previously, she has been responsible for developing strategic cash and liquidity management solutions for J.P. Morgan Investor Services Asia Pacific.
According to RBC I&TS, Singapore represents an important market for the business, and for its global asset manager and sovereign wealth clients.
Andrew Gordon, managing director for Asia at RBC I&TS, said: “Hong Paterson’s substantial experience and extensive knowledge of the local market will be invaluable in driving our business and client activity in Singapore.”
As of 30 April, RBC I&TS had almost CAD 4 trillion in client assets under administration.
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