Wells Fargo Hires RBC’s McKenzie to Run Private Capital Markets

Wells Fargo & Co. has hired capital markets banker Ricardo McKenzie from Royal Bank of Canada, according to a person familiar with the matter.

McKenzie will join the San Francisco-based corporate and investment bank as a managing director and head of private capital markets within the firm’s equity capital markets business, said the person, who asked to not be identified because the details aren’t public. He was previously head of global private capital markets at RBC Capital Markets, the Canadian bank’s investment banking arm.

Based in New York, he will report to co-heads of ECM Clay Hale and Jill Ford. ...