A former institutional equities specialist at Morgan Stanley has left the bank after 14 years to join RBC as a director and sales trader based in London.
Lucy Heighton joins RBC to build out its European cash equity trading group alongside two other senior new appointments.
During her 14-year tenure at Morgan Stanley, Heighton served in several roles across private wealth management, institutional equities and cash sales trading covering a mix of institutions and hedge funds.
Alongside her appointment, RBC has also made two other senior hires in a bid to expand its European cash trading division.
Former Commerzbank veteran, Niki Taubert, joins RBC as a vice president working across its both cash sales trading and cash trading teams, based in Frankfurt, and responsible for supporting the growth of its North American and European product offerings. Taubert boasts 28 years’ experience at the bank across several equity trading roles.
Also joining the cash sales trading and cash trading teams is former Oddo BHF market maker, Milko Milinkovic, who has been an appointed an associate. Prior to serving at Oddo BHF, Milinkovic spent a year at Eurex.
“I am pleased to welcome Lucy, Niki and Milo to RBC. The expertise they each individually bring to the business will help us build on our commitment to grow and expand our global equities franchise across the UK and Europe,” said Luke Mackaill, head of European equity sales trading teams at RBC, told The TRADE.
The appointments follow a series of UK and Europe focused equities appointments at RBC in July earlier this year as it looks to build out the business.
The hires included former Bank of America and Kepler Cheuvreux executive, Michelle Chau, who was appointed director of institutional equity sales, and Anastasia Mikhailova, formerly of Berenberg who was appointed head of UK investment companies sales.
Ines Krewinkel was also appointed to RBC’s European global equity sales business in July and will work closely with Taubert.