| |
RBC Wealth Management hires non-resident Indian team from
Citi
London, 5 January, 2009 — RBC Wealth Management,
the wealth management arm of Canada's largest bank, Royal
Bank of Canada (RY on TSX and NYSE), and one of the top 20
private banks in the world, today announced the appointments
of Sumit Sibal, Amit Kachawaha, Amit Kotha and Vikram Anand,
with a mandate to cover Non-Resident Indian clients. The team
will be based at RBC's London office. The appointment reflects
RBC's growing coverage of non-residents in Europe and Asia.
The team joins RBC Wealth Management from Citibank International
Plc. with more than 30 years' combined banking experience,
and is led by Sumit Sibal. The team will be responsible for
delivering RBC's fully integrated offering, including investment
advisory, discretionary, credit, trust, tax and banking solutions
to their clients.
Mark Evans, Head of Private Banking, British Isles, RBC Wealth
Management, said: "This team is an excellent addition
to RBC Wealth Management's private banking group in London.
The team comes with strong credentials and an extensive book
of clients. The appointment of the non-resident Indian team
demonstrates our commitment to building out our wealth management
platform by continuing to hire talented individuals. These
latest hires are further evidence that RBC's strength and
stability is proving attractive to high quality candidates
as well as to clients and investors who increasingly value
a strong and stable partner."
- ends -
Media Enquiries:
Greentarget, London
Anna Watson
Telephone: +44 (0)20 7680 5052
RBC Wealth Management
Sanam Alaghband / Beverley Weber
Telephone: +44 (0)20 7002 2013 / + 44 (0)20 7029 7685
About RBC Wealth Management
With approximately C$500 billion of global assets under administration
and C$220 billion of global assets under management, RBC Wealth
Management provides integrated and diversified international
wealth management expertise and solutions, asset management
and trust services to high net worth individuals and to corporate
and institutional clients. Services provided by our more than
4,000 consultants, advisors, private bankers and trust officers
include trust and estate planning, tax advice, discretionary
investment management and investment advisory services, structured
solutions, banking, lending and global custody. The international
arm of RBC Wealth Management services over 35,000 high net
worth individuals and institutions through 35 offices in the
British Isles, Continental Europe, Asia, the Middle East,
the Caribbean, Latin America and North America. For more information,
please visit www.rbcwminternational.com
About RBC
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries
operate under the master brand name RBC. We are Canada's largest
bank as measured by assets and market capitalization, one
of North America's leading diversified financial services
companies and among the largest banks in the world as measured
by market capitalization. We provide personal and commercial
banking, wealth and asset management services, insurance,
corporate and investment banking and transaction processing
services on a global basis. We employ more than 80,000 full-
and part-time employees who serve more than 17 million personal,
business, public sector and institutional clients through
offices in Canada, the U.S. and 48 other countries. For more
information, please visit www.rbc.com.
|
|
