London, 4 January 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 hired Carlo Mareels, as a Director, Senior Financials Credit Analyst within its European Credit Research team and reports to Roger Appleyard, Global Head of Credit Research.
Mareels, who will be based in London, joins RBC Capital Markets with over 10 years of financials experience. Most recently he was at HSBC, covering European banks both as an equity and credit analyst. Prior to this, Mareels was a Banks credit analyst at Morgan Stanley.
Commenting on the appointment, Richard Talbot, Co-Head of
Global Research said: "Increased volatility in the sector
coupled with new regulatory measures aimed at financial institutions
is leading to greater demand for Banks research. Carlo will
be instrumental in offering this in-depth coverage to our
client base and he will be a vital addition to our global
team of credit and equity Bank analysts."
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Dafina Grapci-Penney / Phillippa Cantrill
Tel: +44 (0)20 7680 5052 / 5063
RBC Capital Markets: Louisa Fairman
Tel: +44 (0)20 7029 7821