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News Releases


RBC Capital Markets appoints Scott D. Moskowitz to its U.S Global Investment Banking platform

NEW YORK, September 8, 2008 — RBC Capital Markets today announced the appointment of Scott D. Moskowitz to its U.S. Global Investment Banking (GIB) group. He joins as a managing director based in New York, and will report to Peter de Vos, Head of U.S. Investment Banking.

Moskowitz will work closely with RBC's Communications, Media & Entertainment (CME) group, Technology group, and RBC Daniels to help continue to drive growth in the U.S. He will also work with senior management on certain GIB strategic initiatives, and will join the U.S. GIB Management Committee.

Prior to joining RBC, Moskowitz spent over 15 years with Bear, Stearns & Co. Inc., most recently as senior managing director and global head of the firm's Technology, Media & Telecom (TMT) group. In that role, he was responsible for organizing and directing the TMT business, which was one of the largest investment banking groups within the firm. Moskowitz' primary client focus has been in wireless and wireline services, satellite services, communications technology, and broadcasting. He has advised corporate and financial sponsor clients on a broad array of transactions across multiple products lines, including mergers, acquisitions, divestitures, and debt and equity financings.

"We continue to look to bring talented professionals to RBC, and with Scott's track record of long-term proven success, he certainly falls into that category," said de Vos. "His breadth and depth of experience in various sectors across CME and technology - which we look at as two strong growth industries for RBC - will be of great benefit to our business."

The appointment of Moskowitz comes as RBC continues to selectively grow its U.S. investment banking and capital markets platforms. Over the past two months, the firm has brought in Jim Wolfe as head of U.S. Leveraged Finance, Paul Zingarini as head of Secondary Loan Trading, Richard Rothschild as a managing director within the firm's Global Syndicated Finance Sales group, and 12 municipal finance bankers in the healthcare and housing sectors.

About RBC Capital Markets
RBC Capital Markets is the corporate and investment banking arm of RBC and is active globally in debt origination, sales and trading, foreign exchange, infrastructure finance, structured products, metals and mining, and energy. Its North American platform includes a significant U.S. middle market investment banking franchise and leading equity, underwriting, sales, trading and research businesses. Bloomberg ranks the firm as the 12th largest investment bank globally.

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For further information, please contact:

Loretta Healy, The Hubbell Group, (781) 878-8882, lhealy@hubbellgroup.com

Kevin Foster, RBC, (212) 428-6902, kevin.foster@rbccm.com


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09/08/2008 10:09:35