Capital Markets: Agenda - RBC Capital Markets - Chuck Winograd, Chief Executive Of RBC Capital Markets; Doug McGregor, RBC's Co-president And Head Of Global Investment Banking; And Mark Standish, RBC's Co-president And Head Of Global Markets, Talk To Gera.

Banker, The, December, 2007

Byline: GERALDINE LAMBE

In a globalised world, domestic strength is no longer enough. In the case of RBC Capital Markets, the investment banking arm of Royal Bank of Canada, may have a dominant position in Canada (according to data provider, Thomson Financial, it is first in M&A, syndicated loans, debt capital markets and equity capital markets) but the Canadian market is small and offers only a limited opportunity for expansion. Further growth will have to be international.

"The arithmetic is simple; we have 15% to 20% market share in Canada - and we will work hard to grow that - but Canada represents less than 2% of global markets. Growth will have to come from outside Canada," says Chuck Winograd, RBC Capital Markets CEO.

The bank has a...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.