MONTREAL, May 20, 2014 /CNW Telbec/ - National Bank was once again
rewarded for both its structured products and approach that is adapted
to the needs of individual and institutional investors. The Bank's team
responsible for structured products accepted the highly sought-after Structured Products Canada House of the Year, Americas Award during a ceremony in Miami on May 8. This award highlights National
Bank's innovation in 2013 in developing structured products, and was
given by London's internationally renowned magazine Structured Products.
"This prestigious award recognizes the creativity and ability to
innovate demonstrated by all the units involved in engineering and
distributing structured products within National Bank, in order to meet
the needs of clients," said Vincent Marquis, Managing Director,
Structured Solutions Group. "It covers all of National Bank's
structured products, notably the variable-return GICs that are
distributed in the branch network, which are standout products in the
industry, and are known for their unique features and innovative
structures."
The Bank also received another distinction in April at the mtn-i 2014 Awards. The mtn-i, an internationally known organization in the structured product
sector, decided to include Canadian institutions among their nominees
for the first time this year. National Bank was recognized for its
innovative and highly flexible "Bespoke Notes® Program" and becomes the first Canadian Bank to take home the honours
for its made-to-measure products offered to individuals for a multitude
of underlying needs. The "Bespoke Notes® Program" offers investors a process that facilitates the creation of
non-principal protected deposit notes that are tailored to reflect a
targeted strategy that meets each person's specific needs.
About National Bank of Canada
With $195 billion in assets as at January 31, 2014, National Bank of
Canada (www.nbc.ca) together with its subsidiaries, forms one of Canada's leading
integrated financial groups, and has been named among the 20 strongest
banks in the world by Bloomberg Markets magazine. The Bank has close to 20,000 employees and is widely recognized as a top
employer. The Bank's securities are listed on the Toronto Stock
Exchange (NA:TSX). Follow the Bank's activities via social media and
learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE National Bank of Canada
(The telephone number provided below is for the exclusive use of journalists and other media representatives.) :
Marie-Pierre Jodoin
Senior Advisor - Public Affairs
National Bank
Tel.: 514-394-4209
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