RBC Capital Markets has appointed Ralph Boumalham as director and head of European leveraged loan trading, according to a memo seen by The TRADE.
Prior to joining RBC, Boumalham has operated in similar roles at UBS and Nomura.
In his new role, he is set to help bolster RBC’s leveraged credit trading platform, also working closely with the leveraged finance team in global investment banking, and sales and trading.
He will report to Olivier Lavie, head of high yield and loan trading, Europe.
Three other appointments have also been made. Among them, Mousumi Dey is set to assume the position of director, high yield and leveraged loan sales.
She most recently worked at Unicredit, and in her new role will focus on leveraged credit product distribution, working with the leveraged finance team in global investment banking, and sales and trading.
Dey will report to Michael Mulholland, head of European leveraged credit sales.
In structured credit, Justin Stratton-Christensen has been named director, structured credit sales.
Previously, he has served at firms including Citigroup, Lloyds, Demica Finance, and KNG Securities.
In his new position he will report to Simon Johnson, European head of credit sales at RBC and focus on the firm’s growth plans for the origination and distribution of asset-backed securities, as well as collateralised loan obligations (CLOs), as well as enhancing client coverage in the region.
The fourth hire is Stuart Marenghi, now director, hedge fund sales, also reporting to Johnson.
He joins from Wells Fargo Securities International, and in his new role is set to focus on “deepening” RBC’s coverage of hedge funds and leveraged finance clients across investment grade and leveraged credit products.