View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 9, 2022

RBC Capital plans to raise investment banking headcount

RBC Capital, the investment banking arm of Royal Bank of Canada, is planning to launch a hiring spree amid tight competition for talent in the market, reported Bloomberg.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The unit, which added 25 managing directors worldwide last year, is planning to hire a similar number of employees this year too.

The bank plans to hire more resources in the US, where the bank brought onboard 22 managing directors, according to RBC Capital Markets CEO Derek Neldner.

It hired leaders for businesses such as technology and health care in recent years and will now focus on expanding those teams.

Neldner told the news agency in an interview: “We believe that investing in talent is core to our strategy, and we want to take a very consistent multi-year approach.”

He also noted that RBC’s hiring plans come at a time when ‘competition for talent is as fierce as I’ve seen it, possibly ever’.

According to Neldner, RBC hiring advantage lies in ‘its collaborative culture and focus on clients’.

The bank will remain competitive on compensation, he said.

The bank will also offer ‘a rare mix of a strong platform and further opportunities’ for its employees.

Neldner said: “We’re in a sweet spot where talented bankers feel we have a strong and credible platform, with established momentum, but also a significant growth opportunity ahead that allows them to have real impact.”

Last month, a report by SCMP said that the Citi Hong Kong unit is planning to add up to 700 new employees this year.

The bank has been hiring from the pandemic-hit tourism industry in a bid to raise its employee headcount after several of its foreign staff in Hong Kong last year due to the strict quarantine rules, the report said.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International