RBC Capital Markets Appoints Head of European Credit Trading
LONDON, FEBRUARY 21, 2011— RBC Capital
Markets, the corporate and investment banking arm of Royal
Bank of Canada (RY on TSX and NYSE), today announced that
it has appointed Ian Pearce as Head of European Credit Trading,
based in London.
Pearce joins RBC Capital Markets from UBS where he held a
number of roles since 2001, most recently, Co-Head Sterling
Credit and European ABS. At RBC, Pearce will report to John
Greenslade, Head of Fixed Income & Currencies Europe,
with responsibility for overseeing all credit trading.
Commenting on the appointment, Harry Samuel, Global co-Head
of Fixed Income & Currencies, said: "Ian is a fantastic
addition to our European platform, where we have a dedicated
and experienced credit trading team. Ian and his team will
be responsible for ensuring we maintain our position as the
market leader in UK credit trading and on all major electronic
credit trading platforms."
About RBC Capital Markets
RBC Capital Markets is the corporate and investment banking
arm of RBC and is consistently ranked among the top 15 global
investment banks. With over 4,000 employees, RBC Capital Markets
is active globally in fixed income, foreign exchange, infrastructure
finance, ECM, metals, mining and energy. Working with clients
through operations in Asia and Australasia the UK and Europe
and in every major North American city, RBC Capital Markets
provides capital markets products and services from 75 offices
in 15 countries. RBC Capital Markets international fixed income
and treasury businesses are managed from London, which is
the centre of a 24-hour trading platform, with major hubs
in Sydney, New York and Toronto. For more information, please
visit www.rbccm.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, based
on market capitalization. We are one of North America's leading
diversified financial service companies, provide personal
and commercial banking, wealth management services, insurance,
corporate and investment banking and transaction processing
services on a global basis. We employ approximately 77,000
full- and part-time employees who serve more than 18 million
personal, business, public sector and institutional clients
through offices in Canada, the U.S. and 53 other countries.
For more information, please visit rbc.com.
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Media Enquiries:
Greentarget, London: Dafina Grapci-Penney / Phillippa Cantrill
Tel: +44 (0)20 7680 5052 / 5063
RBC Capital Markets: Louisa Fairman
Tel: +44 (0)20 7029 7821
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