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Published September 3, 2008 at 2:31 PM
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Tim Allen arrives as a managing director and head of U.S.
institutional equity sales from Bear Stearns, where he spent the last
18 years, most recently as head of U.S. equity sales, Europe. The other 10 bankers are:
- Marc Doll, London equity sales - U.K. coverage;
- Allison Carr, London equity sales - U.K. coverage;
- Justin Freedman, London sales trading - European and U.K. coverage;
- Jean-Charles Cormier, London equity sales - France coverage;
- Nicola Monzini, London equity sales - Italy coverage;
- Stephan von Posern, London equity sales - Germany coverage;
- Marko Krzywon, London equity sales - Switzerland, Austria, Germany;
- Aida Trabucco, London equity sales;
- Roberto Bottani, MD, Swiss equity sales; and
- Renato Bianchini, Swiss equity sales - Switzerland, Italy coverage.
Stephen
Foss, head of equities, said in a statement: "RBC remains committed to
our cash equities business and to growing our capital markets business
by continuing to selectively hire top talent." - Baz HiralalSee press release: RBC hires 11 bankers from Bear StearnsSee Dealwatch: Bear Stearns exodusFor more Movers & shakers see The Deal newsweekly's dealmaker section
Comments
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The same day Jefferies International Ltd. 
Let's be honest...
Great for RBC and great for the team, but RBC is not "taking" these bankers from Bear (aka JPMorgan).