Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
≔ Menu
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
News by section
Subscribe
⨂ Close
  1. Home
  2. Custody news
  3. New bank, new full custodial mandate
Custody news

New bank, new full custodial mandate


01 November 2010 London
Reporter: Justin Lawson

Generic business image for news article
Image: Shutterstock
RBC Dexia Investor Services has announced that it has been appointed to provide Metro Bank Plc ("Metro Bank") with full custody services in the UK. Metro Bank is the first new high street bank to be granted a license by the FSA in more than 100 years.

Craig Donaldson, CEO of Metro Bank, said "Our primary focus at Metro Bank is on ensuring our customers are given the best possible service and RBC Dexia understands this. RBC Dexia provides a strategic fit to support us in our expansion plans going forward."

Richard Hale, Head of Sales and Relationship Management for the UK, Ireland and the Middle East, said: "Our relationship with Metro Bank is based on a mutual appreciation of our drive and ambition. We look forward to working with Metro Bank and to supporting its plans in the UK retail banking sector."
← Previous custody article

State Street gets Workplace Safety
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →