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The agreement fits in with RBC C&C’s strategy to expand the reach of its clearing platform.
RBC Clearing and Custody (RBC C&C) and Cowen’s Correspondent Clearing group have signed an agreement to move a subset of Cowen’s clients to the RBC clearing platform, officials say. The Cowen agreement fits in with RBC C&C’s strategy to expand the reach of its clearing platform to broker-dealers with institutional clients, and registered investment advisors...
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