RBC Capital Markets Appoints Chief Financial Officer Europe
London, 4 April 2011 RBC Capital Markets,
the corporate and investment banking arm of Royal Bank of
Canada (RY on TSX and NYSE), today announced the appointment
of Stephen Krag as Chief Financial Officer Europe.
Krag brings over 25 years of financial service experience
to RBC Capital Markets, joining from Daiwa Capital Markets
Europe where he was Chief Financial Officer. Prior to this,
Krag was Chief Operating Officer for HBOS Treasury Services
and held a number of senior finance positions within capital
markets, equities and global financial market businesses for
Krag will be based in London and reports to John Burbidge,
CEO, Europe, RBC Capital Markets. Burbidge said: "Stephen's
financial acumen coupled with his experience and ability to
build team infrastructure, and management control functions
to support growing businesses will be a major asset to us
as we continue the build-out of our European platform. "
About RBC Capital Markets
RBC Capital Markets is the corporate and investment banking
arm of RBC and is consistently ranked among the top 11 investment
banks globally. With over 6,300 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 products and services from 75 offices in 15 countries.
For more information, please visit www.rbccm.com.
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, and
among the largest banks in the world, based on market capitalization.
We are one of North America's leading diversified financial
services companies, and provide personal and commercial banking,
wealth management services, insurance, corporate and investment
banking and transaction processing services on a global basis.
We employ approximately 79,000 full- and part-time employees
who serve close to 18 million personal, business, public sector
and institutional clients through offices in Canada, the U.S.
and 50 other countries. For more information, please visit
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Greentarget, London: Dafina Grapci-Penney /
Phillippa Cantrill - Tel: +44 (0)20 7680 5052 / 5063
RBC Capital Markets: Louisa
Tel: +44 (0)20 7029 7821