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RBC Capital Markets hires Mike MacBain to co-lead global debt markets

TORONTO, October 12, 2007 — RBC Capital Markets today announced that Mike MacBain, 42, has been hired, effective November 1, to co-head RBC Capital Markets' global debt markets' business, focusing on financial products and commodities. Reporting to Mark Standish, head of Global Markets, MacBain will be a member of RBC Capital Markets' Operating Committee and have joint responsibility with Richard Pilosof for the firm's C$2 billion global debt markets business.

Mr. MacBain has two decades of experience in global capital markets businesses, most recently as president of TD Securities.

"We are delighted to have an individual of Mike's calibre and experience on our team," said Standish. "The size and complexity of our debt markets' business have grown dramatically in the past few years and, with Mike's and Richard's leadership, we can look forward to continued success."

RBC Capital Markets' global debt markets' business serves more than 5,000 active investors in Asia-Pacific, Europe and across North America.

Harry Samuel, head of Global Treasury Services, has been given the additional role of regional head of Global Markets throughout Europe and Asia, with the mandate to work closely with John Burbidge, the chief operating officer of Europe and Asia, and the various business heads to promote, develop and execute business strategy in these regions.

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For further information, please contact:
Katherine Gay, (416) 974-6286
Jackie Braden, (416) 974-2124


 



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