RBC Capital Markets has today announced (21 April 2010) that it has hired Diego Megia as a Managing Director, Rates Trading, Europe.


Megia joins RBC Capital Markets with over 18 years experience in vanilla rates and inflation. He previously worked at BNP Paribas, where he was head of the European Rates Trading Business, and also Commerzbank in Frankfurt and Barclays Capital in London.


Commenting on the appointment, Harry Samuel, Global co-Head of Fixed Income & Currencies and Head of Global Treasury Services, RBC Capital Markets, said: “Diego’s experience and presence in the European markets will be invaluable as we increase our activities in the Euro government markets. This build-out will also complement our existing fixed income activities globally.”


Megia will report to John Greenslade, Head of Fixed Income & Currencies and Debt Capital Markets Europe, RBC Capital Markets, who added: “Having experienced strong growth in our rates business over the last three years, particularly in our UK gilt-edged market making operation, we see significant opportunity for RBC to increase its footprint in Europe. The firm's continued strength, together with our expertise in rates, should be attractive to clients who are looking for a strong, stable partner.”