CIBC Mellon has been named the best sub-custodian in Canada by Global Finance magazine for the seventh consecutive year in its annual ranking of the World’s Best Sub-Custodian Banks.
“We are extremely pleased to see our efforts to provide clients with outstanding service, solutions and insights into the Canadian market environment recognized once more by Global Finance magazine,” says Alistair Almeida, the company’s vice-president, business development and relationship management, global financial institutions.
The award from Global Finance cements a strong showing by CIBC Mellon across industry awards in 2013.
Earlier this year, CIBC Mellon was recognized as custodian of the year by Custody Risk magazine and as the best sub-custodian in Canada by Global Investor/ISF magazine.