On January 4, 2006, Royal Bank of Canada and Dexia announced the completion of a new joint venture to combine their institutional investor services businesses. The new company, RBC Dexia Investor Services, ranks among the world's top 10 global custodians with assets under custody of approximately US$2 trillion. Based in London, RBC Dexia Investor Services Ltd. is the holding company that will provide strategic direction and management oversight to the operating companies, RBC Dexia Investor Services Trust in Canada and RBC Dexia Investor Services Bank in Luxembourg. RBC brings to the joint venture specialists in London, Dubai, Singapore, Sydney and across Canada, while Dexia has operational centres in Luxembourg, Dublin, Paris, Brussels, Zurich, Madrid, Barcelona, Milan, Amsterdam, Singapore, Hong Kong and the Cayman Islands.
Royal Bank was represented in-house by a team that was led by Anthony Pagano, Candice Solomon and Holly Shonaman (M&A) with contribution from others including Lucille D'Souza, Stephen Monty and Theresa Leblanc (regulatory), Marina Seidl and Drew Allen (M&A), as well as Elizabeth Cheng and Katherine Petcher, who have moved over to RBC Dexia Investor Services as part of the transaction. Allen & Overy LLP represented the bank in the UK and other jurisdictions, with a team that included Mark Gearing, Louise Wolfson, Tom Levine and Duncan Bellamy (corporate), Paul Phillips (regulatory), David Lewis (tax), Mervyn Parry (pensions), Fiona FitzGerald (banking) and Marc Feider (Luxembourg).
Osler, Hoskin & Harcourt LLP represented the bank in Canada, with a team that included Doug Marshall, Desmond Lee, Osman Aboubakr and Jasmine Lew (corporate), John Jason (regulatory), Heather McKean and Jaime Larry (banking), Alex Pankratz (tax), Paul Litner and Sean Maxwell (pensions), Jason Hanson (employment) and Michelle Lally (competition). Lisa Simmons of Corrs Chambers Westgarth represented the bank in Australia.
Dexia was represented by Linklaters in the UK and other jurisdictions, with a team that included Stephen Blackshaw and Nick Garland in London, and Freddy Brausch, Patrick Geortay and Laurent Schummer in Luxembourg. Blake, Cassels & Graydon LLP represented Dexia in Canada, with a team that included Graham Smith, Michael Stevenson and Michael Fabbri (corporate), Dawn Jetten (regulatory), Kathy Bush and Paul Dimitriadis (pensions), Connie Reeve and Jennifer Tung (employment), Min Ganaha and Parna Sabet (intellectual property/information technology) and Iris Tam (real estate).
Royal Bank was represented in-house by a team that was led by Anthony Pagano, Candice Solomon and Holly Shonaman (M&A) with contribution from others including Lucille D'Souza, Stephen Monty and Theresa Leblanc (regulatory), Marina Seidl and Drew Allen (M&A), as well as Elizabeth Cheng and Katherine Petcher, who have moved over to RBC Dexia Investor Services as part of the transaction. Allen & Overy LLP represented the bank in the UK and other jurisdictions, with a team that included Mark Gearing, Louise Wolfson, Tom Levine and Duncan Bellamy (corporate), Paul Phillips (regulatory), David Lewis (tax), Mervyn Parry (pensions), Fiona FitzGerald (banking) and Marc Feider (Luxembourg).
Osler, Hoskin & Harcourt LLP represented the bank in Canada, with a team that included Doug Marshall, Desmond Lee, Osman Aboubakr and Jasmine Lew (corporate), John Jason (regulatory), Heather McKean and Jaime Larry (banking), Alex Pankratz (tax), Paul Litner and Sean Maxwell (pensions), Jason Hanson (employment) and Michelle Lally (competition). Lisa Simmons of Corrs Chambers Westgarth represented the bank in Australia.
Dexia was represented by Linklaters in the UK and other jurisdictions, with a team that included Stephen Blackshaw and Nick Garland in London, and Freddy Brausch, Patrick Geortay and Laurent Schummer in Luxembourg. Blake, Cassels & Graydon LLP represented Dexia in Canada, with a team that included Graham Smith, Michael Stevenson and Michael Fabbri (corporate), Dawn Jetten (regulatory), Kathy Bush and Paul Dimitriadis (pensions), Connie Reeve and Jennifer Tung (employment), Min Ganaha and Parna Sabet (intellectual property/information technology) and Iris Tam (real estate).
