RBC Capital Market's John Burbidge (3rd from right) and InvestHK's John Rutherford at the launch of RCB's services in Hong Kong to strengthen its regional presence

RBC Financial has had a presence in Hong Kong since 1958. Its current operations include corporate and investment banking, private banking, custody services and retail brokerage.

John Burbidge, CEO RBC Capital Markets Europe and Asia, said the company "recognises the importance of offering a broad and ever expanding range of products and services to corporations, governments and institutions in the Asian economy."

The company, added CEO of RBC Capital Markets, Hong Kong, Andrew Turczyniak is optimistic about the future of the financial services sector in the SAR. "We have a strong commitment to building our presence in Hong Kong and recognise that this city epitomises the vitality of this region. We see tremendous business opportunities in the rapidly growing Asian economy and view this milestone as a bridge to future business expansion throughout the Pacific Rim."

RBC Capital Markets is the global brand for the corporate and investment banking businesses of RBC Dominion Securities, Canada's leading investment bank, and Dain Rauscher Wessels, the U.S. equity capital markets arm of RBC Dain Rauscher.

InvestHK's acting director-general of investment promotion, John Rutherford, said "with a sophisticated banking system, rule of law and a large pool of highly-qualified professionals, Hong Kong is a natural choice for banks."

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