News Formal

RBC cuts more than a dozen jobs in U.S. investment bank in second round of layoffs

  • 📰 financialpost
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 85%

United States News News

United States United States Latest News,United States United States Headlines

Royal Bank of Canada’s investment\u002Dbanking arm conducted a second round of layoffs in the United States in recent months. Find out more.

Play Video

The lender’s RBC Capital Markets division is laying off more than a dozen of its U.S. investment-banking team, which is comprised of about 1,000 employees, said some of the people, who asked not to be identified discussing personnel changes. The move follows its decision to layoff about one per cent of the group last September.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The bank has also been hiring. It recently added senior talent from institutions including Credit Suisse Group AG and SVB Securities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just the beginning 🙏TDBank_US RBC cibc scotiabank CBCNews CTVNews

Wow, 12 US jobs. Thanks for letting us know.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RBC cuts more than a dozen in U.S. investment bank after recent layoffs - BNN BloombergRoyal Bank of Canada’s investment-banking arm conducted a second round of layoffs in the U.S. in recent months, according to people with knowledge of the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »