RBC Capital Markets Hires Bugler From Scotiabank

Date: Monday, January 22, 2007
Author: Doug Alexander, Bloomberg.com

(Bloomberg) -- RBC Capital Markets, the investment- banking unit of Canada's biggest lender, hired Colin Bugler from Bank of Nova Scotia to expand its prime brokerage service for hedge funds.

Bugler, who has experience in international prime brokerage and equity finance with Merrill Lynch & Co. and Bank of Nova Scotia, will be a managing director of equity finance at RBC Capital, the Toronto-based bank said today in a statement. RBC Capital is a unit of Royal Bank of Canada.

Bulger, 43, was hired to build business from international hedge funds that have Canadian interests, and expand the bank's prime brokerage unit in Canada, RBC Capital said. He'll be based in Toronto.

RBC Capital Markets employs almost 3,700 people and has offices in 15 countries.

To contact the reporter on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net