Royal Bank of Canada pushed ahead with a round of job cuts in its capital markets operations, part of broader reductions announced in August that may climb above 1,000 positions and are aimed at helping the bank deal with a challenging economic environment.
Lawrence McKean, who was an asset-backed securities trader, and Diana Di Luca, a preferred share and convertible bond trader — both based in Toronto — are among the departing staff, according to people with knowledge of the matter. Melissa Primrose, a leveraged finance salesperson in New York and Vancouver-based Miles Kirkwood also recently left ...
