RBC CM Cuts 41 Jobs in US Fixed-Income Sales

Bloomberg, Elizabeth Stanton, 7 December 2006RBC Capital Markets, the investment- banking arm of Canada's biggest lender, eliminated 41 bond sales jobs this week from offices in seven U.S. cities as part of a plan to add specialization in the U.S. fixed income business.The people let go in New York, Chicago, New Jersey, Florida, Tennessee and Oregon were part of the firm's so-called middle market