BNP Paribas has now completed its acquisition of RBS International Securities Services, part of RBS International, the 70:30 joint venture between RBS International and The Bank of New York.

RBS International Securities Services will be integrated into BNP Paribas Securities Services, to provide global custody, fund administration and corporate trustee services to fund managers and private clients managers.

With over 175 employees based in Jersey, Guernsey and the Isle of Man, current assets under custody total in excess of £35 billion while assets under administration amount to £6.4 billion.