RBC Capital Markets Seeking U.K. Bank Acquisition, Financial Times Reports

RBC Capital Markets is seeking to buy a boutique investment bank in London and co-head Doug McGregor has held exploratory talks with possible targets, the Financial Times reported, without saying how it obtained the information.

Nick Fothergill will be appointed European head of equities by RBC today, the newspaper also said.

To contact the reporter on this story: Ben Martin in London bmartin38@bloomberg.net.

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