National Bank Awarded Two Prestigious International Distinctions for its
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
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.:
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-0- May/20/2014 14:41 GMT
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