RBC Capital Markets appoints Pichler head of U.S. fixed income and currencies

By Devika Patel

Knoxville, Tenn., Jan. 15 - RBC Capital Markets Corp. said it appointed David Pichler as managing director and head of U.S. fixed income and currencies.

Pichler will be based in New York and will be responsible for investment grade trading, high yield trading and secondary loan trading in the United States.

Pichler previously worked at Citigroup/Salomon Brothers, where he was most recently co-head of global credit trading. Previously, he was the firm's head of U.S. investment grade trading.

"The current market environment offers an ideal opportunity to build a substantial, integrated secondary credit business at such a well-capitalized, respected firm as RBC," Pichler said in a press release.

RBC Capital Markets is a corporate and investment bank and part of Toronto-based Royal Bank of Canada. Its fixed income business has trading hubs in London, New York, Sydney, Tokyo and Toronto.

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