RBC Capital Markets
Royal Bank of Canada’s corporate and investment banking arm has hired Bank of England veteran Jens Larsen as its new chief European economist, based in London.
Larsen spent the previous 12 years at the Bank, most recently as head of the macro financial analysis division. Between 2006 and 2008, he held the position of alternate executive director on the International Monetary Fund’s executive board, representing the UK.
The financial services business has poached a team of five research, sales and corporate finance personnel from JP Morgan Cazenove, to focus on UK real estate.
Roger Clarke the head of real estate corporate finance, has also worked at the Takeover Panel, Dresdner Kleinwort Benson and ING Real Estate. Head of real estate research Miranda Cockburn and real estate specialist salesman Carl Gough both co-headed the pan-European real estate team at CSFB before joining Cazenove.
Sales trader Jason Cockburn was at Cazenove for the past 23 years, while Alison Watson joins as a senior analyst new recruit from UBS, where she was an associate director.
The hedge fund group has appointed Mark Diab as a portfolio manager, with responsibility for MENA equities within the emerging markets team.
Diab previously spent over four years at Qatari investment bank AMWAL, where he was a managing director responsible for the equity asset management division.
The corporate advisory firm, part of the Collins Stewart group, has hired Dan Clague from Société Générale as a managing director.
Clague spent a decade at SocGen, latterly as head of the UK mergers and acquisition and transport teams. He has also previously worked at ABN Amro and Barings.
In his new role, he will continue to focus primarily on the transport and business services sectors, with a particular focus on the shipping and marine markets.
Insparo Asset Management
Graham Stock has joined the investment group as its new chief strategist, concentrating on exploiting the opportunities presented by high growth potential in Africa and the Middle East.
He spent the past 12 years at JP Morgan in a range of senior roles, latterly tasked with expanding research output and business activity in frontier markets in Africa.