RBC Investor & Treasury Services appoints Hong Paterson as Country Head and Director, Global Client Coverage, Singapore

Singapore, July 6 2017 RBC Investor & Treasury Services has appointed Hong Paterson as Country Head and Director, Global Client Coverage, Singapore.

Hong will lead business development and client coverage activities in Singapore, an important market for RBC Investor & Treasury Services and its global asset manager and sovereign wealth clients.

Hong joins RBC from JP Morgan Commercial Banking in Singapore where she was an Executive Director, most recently responsible for multi-national clients, and previously for developing strategic cash and liquidity management solutions for JP Morgan Investor Services Asia Pacific. Hong has also held business management roles within JP Morgan in New York, London, Chicago and Hong Kong.

Andrew Gordon, Managing Director Asia, RBC Investor & Treasury Services, said “Hong’s substantial experience and extensive knowledge of the local market will be invaluable in driving our business and client activity in Singapore.”

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About RBC Investor & Treasury Services

RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide. We serve clients from 19 countries across North America, Europe, Asia and Australia, delivering services to safeguard client assets and maximize liquidity. As a strong, stable partner, focused on meeting our clients' evolving needs, RBC I&TS has an unwavering commitment to managing operational risk in our business and the highest credit ratings among our peers. Rated by our clients as the #1 global custodian for six consecutive years (Global Custody Survey, Global Investor ISF, 2011 to 2016), RBC I&TS is trusted with nearly CAD 4 trillion in client assets under administration as at April 30, 2017.

About RBC

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have approximately 80,000 full and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 35 other countries. For more information, please visit rbc.com.

RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments and employee volunteer activities. For more information please see: http://www.rbc.com/community-sustainability/.

For more information, contact:

Ryan Communication:
Judy Shu
+852-3655-0522
judy.shu@ryancommunication.com

Yvonne Ball (Asia Pacific)
+852 2842 6652
yvonne.ball@rbc.com