Feb 1 (Reuters) - RBC Capital Markets, the investment
banking business of Royal Bank of Canada RY.TO , has hired
Raffaele Prencipe as head of financial trading and Duncan Lake
as director of high-yield strategist.
Prencipe will report to James Chapman, head of European
credit trading, and Lake will report to Roger Appleyard, head of
European credit sector strategy.
Prencipe joins from BNP Paribas (PA:BNPP) where he worked as credit
flow trader in the financials team for six years.
Duncan previously worked at Nomura, where he was an
executive director covering packaging, chemicals, gaming,
shipping and industrial sectors.