News

RBC's custody business hires Singapore head

HandshakeRBC Investor & Treasury Services has hired Hong Paterson as country head and director of global client coverage, Singapore. She joins from JP Morgan Commercial Banking in Singapore, where she was responsible for multinational clients. Previously, she worked for JP Morgan Investor Services on cash and liquidity management. “Hong’s substantial experience and extensive knowledge of the local market will be invaluable in driving our business and client activity in Singapore,” said Andrew Gordon, managing director, Asia. While at JP Morgan, Paterson worked in New York, London, Chicago and Hong Kong. RBC Investor & Treasury Services provides custody, payments and treasury services and boasts 4 trillion Canadian dollars ($3.1 trillion) of client assets under administration. ©2017 funds global asia

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