Canadian pension plans ‘returned to positive territory’ in the third quarter, according to a study by RBC Investor Services.MARK BLINCH/Reuters
RBC Dominion Securities has hired investment banker Matt Pittman to build out its diversified group, which caters to an array of industries such as industrials, manufacturing and chemicals.
Mr. Pittman was most recently an executive director at CIBC World Markets in Toronto and will start his new role two blocks south on Bay Street in the coming weeks.
RBC is a particularly hot investment bank at the moment, having topped the league tables for equity underwriting, debt underwriting and mergers and acquisitions in 2012 – the holy trifecta.
However, rivals such as BMO Nesbitt Burns started the new year with a bang, giving RBC a run for their money.
(Tim Kiladze is a Globe and Mail Reporter.)
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