RBC Capital Markets expands base metals team to U.S.
NEW YORK, January 10, 2007 — RBC Capital Markets today announced the expansion of its metals business with the creation of a base metals desk in New York to complement the metals team established in London a year ago.
“Given our tradition of strength globally in metals and mining, we’re very focused on providing value to clients in this important sector,” said Harry Samuel, head of Global Treasury Services. “In addition to establishing and growing our base metals team, RBC has over the past two years joined the London Metal Exchange, continued to build our sector investment banking team globally, became a Nominated Advisor on the London Alternative Investment Market, and built a complete mining & metals franchise in Australia.”
Janet Mirasola, who joins RBC as vice president of execution and sales, will head the new base metals desk. Ms. Mirasola joins RBC Capital Markets from Mirasola Metals LLC, her own metals broking firm that she ran for six years. Previously, she was at Birch Brokerage, Merrill Lynch and at Lehman Brothers, where she established and led base metals sales and marketing teams.
In her new role, Ms. Mirasola will be responsible for managing and developing the bank’s client activities in the base metals markets in America and Canada. She will report to Alex Heath, head of RBC Capital Markets’ base metals services team.
“We are delighted that someone of Janet’s skill and reputation in the industry has joined us,” said Mr. Heath. “Her strong relationships in the metals marketplace and deep knowledge of the North American market will be invaluable to our ongoing expansion plans for the base metals business – a natural fit with RBC Capital Markets’ top-tier global commodities franchise.”
About RBC Capital Markets Metals and Mining
RBC Capital Markets is the corporate and investment banking arm of RBC Financial Group and is a recognized leader globally in all aspects of wholesale banking for junior, mid cap and large cap metals and mining companies. The firm was the top M&A bank globally in gold mining in 2005 (Bloomberg) and is a member of the London Metal Exchange and AIM.
RBC Capital Markets is a business name used by Royal Bank of Canada Europe Limited, 71 Queen Victoria Street, London EC4V 4DE (registered in England 995939), which is regulated by the FSA and a member of the London Stock Exchange.
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