Our Corporate Banking group provides leading financial service capabilities for our corporate and institutional clients worldwide. The team harnesses the capabilities of RBC’s global platform and works closely with Investment Banking and Global Markets to provide lending and financing strategies via seamless execution that achieves our clients’ objectives.

Areas of Expertise

Our Corporate Banking professionals have expertise in structuring and executing transactions across the credit ratings spectrum and offer all forms of credit solutions, including:


  • Revolving Lines of Credit
  • Term Loans
  • Performance & Standby Letters of Credit
  • Bridge & Acquisition Loans
  • Margin Loans
  • Leases
  • Capital Call

Related Services

Real Estate Capital Partners

RECP is a leading provider of debt capital to premier real estate owners and sponsors.

Learn More

Asset Based Lending

RBC has a dedicated team of over 50 experienced professionals in Canada and the United States.

Learn More

Project Finance

Our Project Finance team stands as a leading advisor to project developers and leading arranger of non-recourse debt in bond, private placement, commercial bank and institutional debt markets.

Learn More

Institutional Client Management

ICM is responsible for managing and growing our business relationships with the world’s largest banks.

Learn More

Our Team

Marcus Rayment is Director, Corporate Banking Australia where he is responsible for the team delivering financial service capabilities for corporate and institutional clients. Marcus ensures that clients receive the highest possible coverage across RBC’s comprehensive suite of products and services.

Marcus joined RBC’s London Branch in November 2006 working across the Infrastructure, Oil & Gas and Mining & Metals sectors, supporting the funding needs of our European clients. Marcus joined RBC Sydney in February 2012 to assist RBC build out the Australian loan book.

Prior to joining RBC, Marcus worked for RBS in Commercial Banking. Marcus has a Bachelor of Science (with honours) in Economics and Politics from the University of Warwick.

Michael Mondo is Director, Corporate Banking, Australia where he is responsible for the team delivering financial service capabilities for corporate and institutional clients. Michael ensures that these clients receive the highest possible coverage across RBC’s comprehensive suite of products and services.

Michael joined RBC’s New York Branch in 2011, where he was responsible for corporate and secured mortgage lending to the real estate sector.

From 2014, Michael spent several years with RBC’s Sydney and London offices, where he covered investment-grade, non-investment grade, and leveraged finance clients across a variety of sectors.

Michael returned to Sydney in 2019, with a focus on growing the loan book in the non-investment grade space, as well as continuing his coverage of the real estate sector.

Michael has an MBA from New York University and a Bachelor of Arts in International Relations and Economics from Johns Hopkins University.

Patti Shugart is Managing Director and Head Global of Corporate Banking and a member of the Operating Committee at RBC Capital Markets. In her role, Ms. Shugart oversees a client-facing team of more than 500 professionals globally who specialize in lending, trading credit and loan portfolio management for our corporate and institutional clients. She also chairs the Loan Portfolio Review Committee and the Commitments Committee which determines the firm’s global lending decisions.

Ms. Shugart is a strong advocate for diversity and inclusion. She sits on the bank-wide RBC Diversity Leadership Council, is a co-founder of RWomen, a global internal forum dedicated to fostering and developing female talent, and she chairs the Women in Capital Markets’ Advisory Council. She is also the current Executive Champion for the Toronto RBC Race for the Kids and is RBC's Executive Sponsor for the United Way’s Women United group. Ms. Shugart has been recognized for her outstanding contributions to the industry through the Champion of Change award from Women in Capital Markets in 2016. She was named one of Canada's Top 100 Most Powerful Women by Women's Executive Network in 2015 and 2017, and received the Women in Capital Markets Award for Leadership in 2010.

Ms. Shugart is also a board member at Branksome Hall and sits on the Advisory Board for the Smith School of Business at Queen’s University. She has an MBA from the University of Toronto (Rotman) and a Bachelor of Commerce (Honours) from Queen’s University.

Kathryn Ogden is a Managing Director and Global Head of RBC Real Estate Capital Partners (“RECP”). RECP is a leading provider of debt capital to premier real estate owners and sponsors, with a mandate to originate mortgage and mezzanine loans secured by stabilized and transitional real estate assets in all major commercial real estate product types throughout the United States, United Kingdom, Europe and Australia.

Kathryn joined RBC in 2009 in Dallas and was Head of Asset Management for the disposition of RBC’s legacy US real estate loan portfolio prior to helping launch the Real Estate Capital Partners platform in 2011. She moved to London in 2013 to launch the Real Estate Capital Partners platform in Europe before moving back to Dallas in 2016.

Prior to joining RBC, Kathryn worked in the London office of the Real Estate Principal Investment Area of Goldman, Sachs & Co. responsible for the management of a portfolio of real estate assets in the United Kingdom and Europe. Kathryn spent seven years with Goldman, Sachs & Co. in Dallas, Paris and London and has managed the financing, sale or initial public offering of real estate assets located in Canada, the United States and Europe.

Kathryn holds an honors degree in Business from The University of Texas at Austin.

Ralph Sehgal is Managing Director and Deputy Head of Corporate Banking, a global business with offices across Canada, the US, Europe and Australia. He leads a team of professionals in Toronto, Montreal and Vancouver that provide client coverage across a broad range of industries and also sits on a number of internal committees, including the Corporate Banking/Global Credit Operating Committee.

Prior to joining RBC Capital Markets in 2009, Ralph spent 13 years at CIBC World Markets in a number of roles, the most recent of which was Managing Director and Team Leader covering large corporate clients. Ralph also spent a number of years living and working abroad in Finland, Switzerland and England for Credit Suisse.

Ralph is a member of the United Way Toronto's MIG Cabinet. He is a graduate of the University of Guelph holding a Combined Honors degree in Management and Economics, as well as Queen’s University where he earned a Master of Business Administration degree. Ralph also holds the Chartered Financial Analyst designation.

Patrick Shields is a Managing Director at RBC Capital Markets and Head of Corporate Banking in New York.  He leads a team of bankers that deliver relationship coverage, credit product structuring and transaction execution across the credit ratings spectrum. Sectors covered include industrials, consumer, healthcare, municipals, infrastructure, power & utilities, financial services, media, telecommunications, and technology.

He also provides senior level coverage for several corporate relationships including automotive clients. He has been actively involved in the auto sector since 1995.

Mr. Shields is a member of the Global Loan Commitments Committee, US Regional Operating Committee and Corporate Banking Global Operating Committee.

Since joining RBC Financial Group in 1990, he has held various account coverage and management positions, working in Corporate and Investment Banking offices in Buffalo, Pittsburgh, Chicago, and New York. Prior to joining RBC, Mr. Shields worked for five years as a middle market lender at Manufacturers Hanover. He holds an MBA from Loyola University at Chicago and Bachelors of Science in Accounting from D'Youville College.

Ken Klassen is a Managing Director/Group Head, Corporate Banking in London.  He heads up Corporate Banking in Europe and Australia, across all sectors and is a member of the European Operating Committee, Global Loan Commitments Committee and Corporate Banking Global Operating Committee. Ken moved to London in April 2017 and prior to his current responsibilities, he led the Corporate Banking business in New York for Communications, Media, Entertainment, Technology, Healthcare and Consumer.

Ken has worked in financial services for over 25 years. In 2005 he transitioned to the New York office of RBC Capital Markets, having spent four years with RBC in Toronto. Prior to that, Ken held senior corporate banking and investment banking positions with TD Securities in Toronto.

Ken received his MBA from the University of British Columbia in Vancouver, BC and undergraduate degree from Trinity Western University, Langley, BC.

John Carere is a Managing Director and Group Head for Real Estate Corporate Banking, leading the team in Canada.  John is also a member of the Corporate Banking Global Operating Committee.  Prior to his assumption of this leadership role in spring, 2021, John worked as a member of the Real Estate Corporate Banking team in a series of increasingly senior roles since joining the team in spring, 2008.  Prior to joining Corporate Banking, John spent three years as a senior underwriter in the Commercial Mortgage Backed Securities Group of RBC Capital Markets, originating commercial mortgage loans for the purpose of securitization. 

John has worked in financial services for 24 years.  Prior to joining RBC Capital Markets in 2005, John held a series of client facing origination roles at both CIBC World Markets and Bank of Montreal, both in Toronto, Canada. 

John received his MBA from the Richard Ivey School of Business in London, Ontario and undergraduate degree from The University of Western Ontario in London, Ontario. 


Ian McArthur is a Managing Director and for the past 7 years has been providing Investment Banking senior coverage to the oilfield services sector in Canada. In addition to these responsibilities, Ian McArthur is Head, Corporate Banking - Energy, Canada. In this role, he leads a team of 9 professionals in providing the loan requirements and associated debt products to oil&gas/utility/pipeline/oilfield services industry sectors. Mr. McArthur also chairs the Energy Operating Committee which provides industry oversight to the energy lending activities globally.

Mr. McArthur has been with the firm for over 25 years. Prior to taking on his current responsibilities in February 2008, Mr. McArthur was Managing Director and Head, Project Finance, a group he was associated with for some 15 years. Mr. McArthur holds the degrees of MBA (honours) from Texas A&M University and a Bachelor of Commerce from the University of Calgary.

Jim Allred is a Managing Director and Head of US Energy Corporate Banking for RBC Capital Markets. Jim joined RBC in August 2008 and has over 25 years of corporate finance experience in the Energy industry. Previously, Jim has held senior management positions with Bank of America, Societe Generale and Bank of Nova Scotia as well as a position within the energy industry as Vice President and Treasurer of Link Energy, a crude oil gathering and transportation company.

Jim serves on educational and charitable boards including the Alumni Advisory Board of the McCombs School of Business at UT-Austin and the Forge for Families which assists underprivileged children in Houston. Jim graduated from the University of Texas at Austin in 1986 with a BBA in Finance.