A Royal Bank of Canada (RBC) sign is seen in downtown Toronto in this March 3, 2011 file photo.MARK BLINCH/Reuters
RBC Dominion Securities has been busy hiring this summer, particularly as it builds out its investment banking and research capabilities in the New York office.
The bank said Monday that it would hire two new managing directors to its global research group, which now has about 350 employees.
Danny Tenengauzer will be head of emerging markets and global foreign exchange strategy. He formerly worked at Standard Chartered Bank.
RBC also hired Ross MacMillan as co-head of the software sector to focus on "enterprise application software," which encompasses the systems companies use for managing people, technology and data. He was most recently in a similar role at Jefferies.
Both will report to Marc Harris, head of global research at RBC Dominion Securities. He also hired a Toronto-based head of cross-asset strategy not long ago.
Earlier this month the bank added to its U.S. investment banking group with two managing directors in specialty finance and the chemicals industry.