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

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.

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Royal Bank of Canada lays off 1% of its U.S. investment banking teamRBC Capital Markets cut one per cent of its U.S. investment banking team, with a focus on junior staff. Find out more.
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