Investing.com - Financial Markets Worldwide
Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

MOVES-RBC hires U.S. co-heads of consumer and retail banking-sources

Published 2016-05-18, 03:37 p/m
© Reuters. MOVES-RBC hires U.S. co-heads of consumer and retail banking-sources
CSGN
-
WFC
-
RY
-

By Lauren Hirsch and Mike Stone
May 18 (Reuters) - Royal Bank of Canada RY.TO has hired
two co-heads of U.S. consumer and retail investment banking in
New York, one from Wells Fargo (NYSE:WFC) & Co WFC.N and another from
Credit Suisse Group AG CSGN.S , according to people familiar
with the matter.
Andrew van der Vord and David Frank will be co-heads of
consumer retail investment banking, the people said, asking not
to be named because the hires had not yet been announced.
Credit Suisse and Wells Fargo declined to comment. A
representative for RBC did not immediately return a request for
comment.
Andrew van der Vord comes from Credit Suisse, where he was
global vice chairman of consumer investment banking. He will
also be vice chairman of investment banking at RBC in addition
to his co-head role.
David Frank will join RBC from Wells Fargo, where he was
head of retail investment banking for the past five years.
Before joining Wells Fargo, Frank was at Credit Suisse for a
decade.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.