RBC Starts Regional Desk In UK To Aid In Globalization Efforts

BANKS

Since Royal Bank of Canada (RBC) decided to globalize its foreign exchange business earlier this year, the bank has been building its team in London to increase its profile and has started a new regional desk to cover Asian currencies, says David Barnett, vice president of trading for Europe and Asia.

In March, RBC announced its globalization plans for FX and appointed Barnett and David Gibbins, vice president of FX trading for the Americas, as co-heads in the effort (FXW, March 18). Also at

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