Royal Bank of Canada lays off 1% of its U.S. investment banking team

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RBC Capital Markets cut one per cent of its U.S. investment banking team, with a focus on junior staff. Find out more.

The lender’s RBC Capital Markets division cut one per cent of its U.S. investment banking team, which has about 1,000 people, with the reductions focused on junior staff, said some of the people, who asked not to be identified discussing personnel changes. The moves were in line with RBC’s standard annual changes, one of the people said.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try again“We can confirm that we made minimal cuts to our U.S.

 

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