Canadian Western Trust Selects State Street for Custody Services
2009年3月25日 - 2:56AM
ビジネスワイヤ(英語)
State Street Corporation (NYSE: STT) and Canadian Western Trust
Company (CWT) today announced that State Street has been appointed
to provide custodial services for the Corporate and Group Services
division of CWT, a wholly-owned subsidiary of Canadian Western Bank
(TSX: CWB).
�With their proven track record and reputation as the world�s
leading provider of financial services to institutional investors,
State Street was the clear choice to provide additional investment
solutions to help us grow our business,� said Scott Scobie, general
manager of CWT. �With State Street�s global presence, our clients
will now have additional access to markets outside of North
America.�
CWT has been offering retirement, trustee and custodial
solutions to financial advisors, corporations and individuals for
more than twenty years. Established in 1987, CWT currently
administers over CAD $4 billion in assets. CWT�s reputation for
flexibility and responsiveness are points of pride.
�We are delighted to have been selected by Canadian Western
Trust for their custodial needs,� said Ron Robertson, senior vice
president and managing director of State Street�s investment
servicing business in Canada. �This mandate reflects our commitment
to providing Canadian trust companies with dedicated solutions and
to helping position our customers for long-term growth in a
volatile market environment.�
State Street has provided solutions to Canada�s financial
services community for more than twenty years. With more than 1,200
employees in Toronto, Montreal and Vancouver, State Street provides
a broad array of services to many of Canada�s leading institutional
investors.
About Canadian Western Trust
Based in Vancouver, British Columbia, Canadian Western Trust
Company (CWT) is a wholly owned subsidiary of Canadian Western
Bank. CWT offers self-directed registered accounts and investment
account services to independent financial advisors, mortgage
brokers and individuals. CWT also provides corporate and group
services to corporations that offer employee retirement and pension
plans. For more information refer to www.cwt.ca.
About State Street
State Street Corporation (NYSE: STT) is the world's leading
provider of financial services to institutional investors including
investment servicing, investment management and investment research
and trading. With $12 trillion in assets under custody and $1.4
trillion in assets under management at December 31, 2008, State
Street operates in 27 countries and more than 100 geographic
markets worldwide. For more information, visit State Street�s
website at www.statestreet.com.
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