London, 12 April 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 Kevin Smith as a Managing Director, Head of M&A Europe.
Smith joins RBC Capital Markets' investment banking platform with over 20 years M&A experience, having most recently been Global Head, Oil & Gas Advisory at Standard Chartered. Prior to this, Smith was Head of UK M&A at Bank of America Merrill Lynch, and previously at Lazard. At RBC Capital Markets, Smith will be responsible for leading and developing the M&A capabilities across all its industry sectors in the UK and Continental Europe.
Smith will be based in London, reporting to Patrick Meier, Head of European Investment Banking, RBC Capital Markets. Meier said: "Kevin is one of the most widely respected M&A practitioners in London, and as such, we are delighted to welcome such a high calibre individual to our European platform. His extensive experience and strong track record in M&A significantly enhances our position as we continue apace in the build-out of our business in Europe."
RBC Capital Markets has been steadily broadening its Global Investment Banking and Equities businesses in Europe beyond its leading positions in mining, energy and infrastructure, to encompass industrials, transportation and logistics, financial institutions and business support services.
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 www.rbc.com.
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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