RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (RY on TSX and NYSE), has hired Simon Ballard as a Director an Senior Credit Strategist in London. Ballard will be based in RBC’s London office and will report to Roger Appleyard Head of Global Credit Research, RBC Capital Markets.
Ballard joins RBC Capital Markets with over 20 years market experience, most recently at Creditsights, where he was Head of European Credit Strategy. Prior to this, Ballard had held Credit Strategist roles at ABN AMRO Asset Management, BNP Paribas and Bear Stearns.
Simons hire is part of our plan to build out our global cross asset class research platform. Simon will be focused on credit strategy in the euro and sterling markets, enhancing our existing fixed income research offering, says Roger Appleyard.
Over the last 12 months RBC Capital Markets has hired in excess of 400 people throughout its global capital markets operations. RBC continues to demonstrate strength and stability in the market downturn – RBC has a Tier 1 Capital Ratio of 12.9% and is one of only six banks with a Triple A rating from Moody’s.
D.C.