RBC Capital Markets, a branch of Royal Bank of Canada, has hired Mark Sartori as head of European trading and sales trading and Calum MacInnes as head of European sales. Both are based in London. The move comes as the firm attempts to build out its pan-European equities platform and diversify its operations into new product areas.
Sartori joins RBC Capital Markets with 17 years' experience in the market. Most recently, he was at Australian cash equities, derivatives trading and securities financing firm Macquarie Securities as head of financial institutions. Prior to this Sartori was head of European equities at investment bank Fox-Pitt Kelton and was formerly a senior sales trader at Cazenove, Morgan Stanley and Credit Suisse.
MacInnes, who also joins RBC Capital Markets from Macquarie Securities where he was head of pan-European equity sales, has more than 20 years of equity sales experience having held positions at Deutsche Bank, SG Warburg and UBS.
Both Sartori and MacInnes will report to Nick Fothergill, head of European equities, RBC Capital Markets, whose appointment was announced in June. RBC Capital Markets has been steadily growing its operations in Europe in a drive to build out its equitie business, with Forthergill joining the bank's London platform on 1 September.
“Mark and Calum join me in London, where we will broaden our scope to include industrials, financial institutions and infrastructure, while continuing apace in mining and energy,” said Fothergill. “Their wealth of experience complements our existing team and will be especially valuable as we move into these new areas of focus.”