RBC Capital Markets has made two senior hires to its European equities sales trading team, as part of an effort to expand the firm’s footprint in the UK and Europe and enhance client relationships.
The appointments see Imad Frigui joining the firm as head of Continental Europe cash equities sales trading, based out of Europe, as well as Malcom Pratt becoming a director in EMEA high touch sales in London.
Frigui brings almost 15 years of equity sales trading experience to his new role, and joins RBC from Wells Fargo, where he spent almost six years. He has also previously held equity sales trading positions at Exane BNP Paribas and Bank of America Merrill Lynch.
Additionally, Pratt is set to focus on bolstering RBC’s hedge fund and sovereign wealth client coverage in his new position, and was most recently at Clear Street, where he worked as a sales trader in execution services.
Prior to this, he spent eight years at Bank of America Merrill Lynch, joining in 2017 as a director, sales trader, before becoming co-head of EMEA high touch sales trading in 2023.
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He has also previously worked at firms including Goldman Sachs, Credit Suisse and Deutsche Bank.
Speaking on the appointments, Luke Mackaill, head of European equity sales trading teams at RBC, said: “I am delighted to announce the senior appointments to our European equities sales trading team, underscoring our ongoing commitment to investing in our cash equities and sales trading business. These strategic hires reflect our focus on deepening our expertise, enhancing client relationships, and expanding our footprint across the UK and Continental Europe.”
Frigui and Pratt’s hires align with the recent appointment of Tracey Brown, who also joins the European equities sales trading team, as a director, EMEA high touch sales trading.
She joins the global investment bank from ODDO BHF, where she spent a year as an equity sales trader.