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Royal Bank of Canada hired senior traders from Credit Suisse and Goldman Sachs for its investment-grade sales desk as the firm also realigned its New York credit-research operations.

Kieran Fitzpatrick, formerly of Credit Suisse, started Monday and focuses on banks and financial-services firms, while Goldman Sachs’s Katie Murphy joins in May as an energy and chemicals trader, the Toronto-based bank said Tuesday in a memo to employees that was obtained by Bloomberg. The investment-grade trading desk is run by Doug Colandrea.

In the meantime, Reuters reports that Bank of America on Tuesday appointed Andrei Magasiner as treasurer, replacing Greg Hackworth who is retiring, according to a source familiar with the matter.

The appointment of Magasiner, who most recently was chief financial officer of the bank's investment banking and trading divisions, is effective immediately, the source said.

RBC Adds Senior Credit Traders From Goldman Sachs, Credit Suisse

Bank of America appoints Andrei Magasiner as treasurer

 

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