RBC names insider Stopnik as global investment banking head

- Royal Bank of Canada has named insider Matthew Stopnik head of global investment banking as part of a larger restructuring within the unit, according to a memo seen by Reuters on Monday.RBC, which recognizes a 10% share in investment banking in its home turf, Canada, also has ambitions to venture further into the U.S. market, representing 56% of the global investment banking fee pool."Vito’s appointment reflects our increased focus on the U.S.

Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

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