RBC unveils new FX structure

Mark Allen, European head of FX in London, and Rob Wittmann, FX sales and trading head for North America in Toronto, are now co-heads of global FX sales and trading. They remain in their current centres, reporting to Jim Archer-Shee, head of global treasury services in Toronto.

Archer-Shee and Gibbins have worked together for the past two years to bring a "sharper and more streamlined focus" to RBC’s FX and money market businesses globally, said a spokesperson for the bank in Toronto.