RBC Capital Markets appoints David Watt as Senior FX Strategist
NEW YORK and TORONTO, January 15, 2007 — RBC Capital
Markets, the corporate and investment banking arm of RBC Financial
Group, today announced the appointment of David Watt as a
Senior Foreign Exchange Strategist.
Mr. Watt joins RBC Capital Markets from another major Canadian
investment bank where he had been a senior economist for over
five years. He has previously worked as a senior economist
at the Bank of Canada and holds a Master of Arts (Economics)
from Queen's University. Based in Toronto, Mr. Watt will report
to Monica Fan, RBC Capital Markets' Global Head of FX Strategy
in London, where he will cover the Canadian and American currencies.
"David is a welcome addition to our global currency
research team," said Ms. Fan. "His experience in
analyzing the Canadian and American markets continues to enhance
our foreign exchange research team's ability to provide clients
with valuable insights into the markets and trading strategies
globally."
RBC Capital Markets' foreign exchange research team was ranked
7th globally for both short term and long term research by
Euromoney in its 2006 foreign exchange survey. Euromoney also
rated RBC Capital Markets the top FX bank globally in Canadian
dollar trading, and 2nd in North America and 7th globally
for the Most Impressive Approach to FX.
About RBC Capital Markets Global Foreign Exchange
RBC Capital Markets is the corporate and investment banking
arm of RBC Financial Group. In foreign exchange, RBC Capital
Markets offers a full, 24-hour global, trading and sales operation,
managed from London, Sydney and Toronto. It is a market-maker
in 51 major and emerging market currencies, the leader in
Canadian dollars, and offers a full range of derivative products.
RBC combines FX and commodities sales and trading because
of the important influence commodities have on the FX market.
The firm is also a leading edge provider of FX market research
and strategy.
- 30 -
For further information, please contact:
Kevin Foster, RBC Capital Markets, (212) 428-6902, kevin.foster@rbccm.com
Jackie Braden, RBC Capital Markets, (416) 974-2124, jackie.braden@rbc.com
|
