RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has hired Raymond Schumertl as a director of global macro FX sales as it continues to expand its global footprint.
Schumertl, who was most recently with Morgan Stanley, will be based in Hong Kong and will report to Natasha Brook-Walters, global head of macro FX.
Schumertl brings more than 18 years of experience to his new job. At Morgan Stanley he was an executive director in FX institutional sales based in Tokyo. He has also held senior positions at Chase Manhattan Bank and Bank of America.
In a comment on the hire, Brook-Walters said Schumertl's expertise and experience in this...