RBC's Barnett and Klingsick Retire After 25 Years Apiece

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LONDON--David Barnett and Martin Klingsick last week stepped down from their positions at Royal Bank of Canada (RBC) in London. Barnett is RBC's co-head of global FX, responsible for trading and sales in Europe and Asia. While, Klingsick is RBC's regional head of trading for all treasury products for the bank's Global Markets division in Europe and Asia.

However, Barnett and Klingsick will remain with the bank "over the next few months" to oversee the transition to new management, Barnett say