RBC Beefs Up Leverage Finance
January 19, 2010
The Royal Bank of Canada has named Blair Fleming, the head of RBC’s global syndicate and leveraged finance team, as the new head of RBC Capital Markets' U.S. investment banking division and has added three bankers to its leveraged finance team.
Fleming, a 20-year RBC veteran, will be based in New York and oversee RBC Capital Markets’ investment banking division in the U.S., which includes corporate finance, industry groups, mergers and acquisitions, leveraged finance and restructuring. He will also retain his role as head of RBC’s global syndicate and leveraged finance team.
Additionally, RBC Capital Markets has hired Kete Cockrell to head its high yield capital markets group. Cockrell joins RBC from Credit Suisse, where he was a co-head of U.S. high yield capital markets. The firm also named David Wirdnam and Scott Schlossel as managing directors and Michael Barrish as a director in the firm’s leveraged finance group.
Wirdnam joins the firm from Citigroup, where he spent 12 years, and will cover the communications, media and entertainment and technology industries. Schlossel, who was most recently at Lehman Brothers, will cover energy companies. And Barrish joins from Bank of America Merrill Lynch’s global leveraged finance group, where he originated and structured leveraged loans and high yield bonds across a range of industries, and will cover consumer and retail companies, as well as industrial and diversified services companies.
RBC also named John La Voie as a managing director in its U.S. financial sponsors group, based in San Francisco. La Voie joins from JPMorgan.
In the past year, RBC Capital Markets has hired more than 100 senior professionals. The firm has also recently formed new aerospace and defense, restructuring and transportation groups in the U.S.
Find out more information about people mentioned in this article from our People Database:
For more information on related topics, visit the following:
