Royal Bank Of Canada Announces Revamp Of European, Asian Treasury Organisation
BANKS
Royal Bank of Canada last week announced a "radical reorganisation" of its trading operations outside North America. The bank has combined its European and Asian treasury divisions under London treasury chief Martin Klingsick, plans to move its Asian regional hub to Singapore from Tokyo and will about triple its trading staff in Asia over the next two or three years, according to Klingsick.
He says the move is part of a wider restructuring of treasury operations at the bank, which announced a
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