RBC Wealth Management, part of the Royal Bank of Canada, Canada’s largest bank and the 12th largest bank in the world, announced the hires of Santiago Cedron and Patricio Demaria to its Geneva office. They will be joining the team responsible for providing integrated wealth management services and solutions for High Net Worth clients in Latin America, and will be focusing on individuals and families in Mexico and Argentina respectively.
Cedron joins RBC Wealth Management with more than 20 years private banking experience, gained at UBS and JPMorgan. Demaria joins RBC Wealth Management with nine years private banking experience, gained at JPMorgan and Citigroup.
This announcement follows the news in July that Thomas Roiz had been hired from Citigroup to lead and expand the Latin American team at RBC Wealth Management in Geneva.
Over the last year, RBC Wealth Managements international group has hired more than six private bankers in its Geneva operation from institutions such as UBP, UBS, JPMorgan, Citibank and American Express. RBC Wealth Management has hired 1,100 people globally year to date.
“Santiago and Patricios extensive experience in Mexico and Argentina, coupled with their strong contacts in the region, make them an exciting addition to RBC Wealth Management in Geneva, says Thomas Roiz, head of Latin America for RBC Suisse. RBC is building a strong presence in Latin America and gaining market recognition for the excellent service it provides High Net Worth clients across the world.
RBC Wealth Management is looking to grow its international presence across the globe, and we are actively looking to expand our Geneva operation, says Karen Simpson, vice president and general manager of RBC Suisse. One of our key goals at RBC Wealth Management is to attract and retain the very best client facing professionals globally. We’re taking advantage of dislocation in the marketplace to hire the best of the best.”
D.C.