RBC
RBC to Acquire J.P. Morgan's Third Party Registered Investment Advisor Servicing Business
Published in Health Business Week, October 16th, 2009
Details of the transaction were not disclosed. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the second quarter of 2010.
When the transaction is complete, IAS will be renamed and become part of RBC Advisor Services, which is a unit of RBC Wealth Management's U.S. division. RBC Advisor Services specializes in providing custody and...
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Source: Health Business Week (2009-10-16)
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