RBC CM to Expand Its US Fixed Income Business

Bloomberg, Doug Alexander and Sean B. Pasternak, 13 April 2007RBC Capital Markets, Canada's biggest investment bank, plans to expand its U.S. fixed-income business and is willing to spend as much as $1 billion on acquisitions to do it, said Chief Executive Officer Charles Winograd.``When you look at what we spend most of our time on, it's figuring out how to grow the businesses outside of Canada,