DLA Piper Canada represented Caixabank, one of the largest banks in Spain, in connection with the establishment of its first representative office in Canada.
With the opening in Toronto, CaixaBank has become the only Spanish bank to have a physical presence in Canada. The new office will assist its Spanish clients in expanding their business interests and operations in North America, and, as well, advise Canadian companies seeking growth in Spain.
DLA Piper Canada provided advice and services encompassing regulatory compliance, Bank Act application, taxation, real estate, employment, immigration and privacy. The overall project management was led by finance partner Eric Belli-Bivar. Other team members included Chris Pejovic (Finance), Mike Richards (Employment), Rick Bennett (Tax), Dennis Yee (Tax), and Stephen Morris (Real Estate).
With a team of seasoned practitioners and worldwide resources, DLA Piper Canada’s Finance and Banking practice delivers market-leading advice to a broad range of companies, banks and financial institutions – both domestic and foreign – on banking transactions, applicable regulatory requirements and finance issues arising in Canada and abroad.
Further details on CaixaBank’s expansion can be viewed here.