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RBC Dexia eyes faster Asia growth post-acquisition

Asset-servicing firm RBC Dexia says RBC's acquisition of the remaining half of the business will hasten regional expansion and lead to greater cross-selling opportunities.
RBC Dexia eyes faster Asia growth post-acquisition
RBC Dexia Investor Services expects to see quicker expansion into new markets in Asia now that Royal Bank of Canada has agreed to buy the 50% it does not already own in the joint venture. Even before last week's announcement about the acquisition, the asset-servicing group had formulated plans to move into new markets in the region and had discussed potential synergies with its parent. The sole ownership by the Canadian group will enable RBC Dexia to leverage RBC’s existing pres…
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