RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, announced two key hires yesterday. It has brought on board Minako Endo as director head of institutional fixed income sales in its Tokyo office and Chris Tam as director in its fixed income and currencies sales team in Hong Kong.
Endo joins RBC Capital Markets from Merrill Lynch in Japan where she was director of non-yen bond sales. Prior to this, Endo was a vice-president at Deutsche Bank focusing on non-yen bond sales.
"Minako's arrival strengthens our growing platform in Tokyo and is part of our commitment to continue growing our business in Asia," Andrew Nemec, head of fixed income and currencies in Japan for RBC Capital Markets, said in a press release. "We are able to expand our footprint in this way because of the strength and stability of our enterprise."
Tam joins RBC Capital Markets from Merrill Lynch in Hong Kong where he was co-head, North Asia wholesale marketing. At RBC Capital Markets, Tam will be focused on clients in Taiwan.
Commenting on the appointment, Andrew Turczyniak, CEO of RBC Capital Markets in Hong Kong, said: "Chris's extensive knowledge of the Taiwanese market will be invaluable as RBC looks to strengthen its foothold in Asia."
RBC Capital Markets has continued to make senior hires during the market dislocation, hiring in excess of 300 people throughout its global capital markets operations during the past 12 months.
