RBC Capital Markets Appoints Managing Director for International Energy Business

 

 Global Investment Banking Team Boosted By Three Hires

 

 

LONDON, May 8, 2007 - RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Tim Chapman as Managing Director, Global Investment Banking.  Based in London, he will be responsible for leading the bank's international energy business across Europe, the Middle East, Africa and the FSU.  Chapman and his team will actively coordinate with RBC Capital Markets' energy teams in Calgary, Houston and throughout North America to continue to build the firm's energy business globally.

 

Chapman joins from CIBC World Markets, where he headed the European Oil and Gas team as Managing Director.  Prior to that, he spent 11 years with JP Morgan Chase in its European energy group.  Chapman's wide experience includes advising a broad range of international energy clients on M&A, debt and equity financing activities.

 

RBC Capital Markets also announced two additional hires to its Global Investment Banking Energy team: Louise Mooney and Robert Gair join as associates reporting to Chapman.

 

"RBC Capital Markets' leading position in the international energy market is further strengthened by these key hires and we are extremely pleased that Tim, Louise and Robert are joining us," commented Patrick Meier, Managing Director, Global Investment Banking. "Tim's in-depth experience further enhances our existing team's capabilities, and will provide an invaluable insight into the market that will be of great benefit to RBC Capital Markets' clients on a global basis."

 

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Media Enquiries:

 

GreenTarget, London

Anna Watson / Melissa Rowling

Telephone:           +44 (0)20 7680 5052 / 5051

Email:                    anna.watson@greentarget.eu

 

North America

Kevin Foster, RBC Capital Markets

Telephone:           +1 212 428 6902

Email:                    kevin.foster@rbccm.com

 

 

Notes to Editors

 

About RBC

Royal Bank of Canada (RY on TSX and NYSE) uses the initials RBC as a prefix for its businesses and operating subsidiaries, which operate under the master brand name of RBC Financial Group. Royal Bank of Canada is Canada's largest bank as measured by market capitalization and assets, and is one of North America's leading diversified financial services companies. It provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. The company employs approximately 70,000 full and part-time employees who serve more than 14 million personal, business and public sector clients through offices in North America and some 30 countries around the world. For more information, please visit www.rbc.com.

 

About RBC Capital Markets

RBC Capital Markets is the corporate and investment banking arm of RBC and is active globally in fixed income, foreign exchange, infrastructure finance, structured products, metals and mining, and energy. Its North American equity underwriting, sales, trading and research business dominates the Canadian market and supports a significant and growing franchise in the U.S. middle market. The firm's international fixed income, structured products and treasury businesses are managed from London, which is the centre of a 24-hour trading platform with major hubs in Toronto, New York and Sydney. 

 

RBC Capital Markets is a business name used by Royal Bank of Canada Europe Limited, 71 Queen Victoria Street, London EC4V 4DE (registered in England 995939), which is regulated by the FSA and a member of the London Stock Exchange.