RBC Capital Says Fixed-Income Sales Head Chuck Powis Left Firm

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RBC Capital Markets, the investment-banking arm of Canada’s biggest lender, said U.S. fixed-income sales head Chuck Powis has left the firm.

No decision has been made about whether he will be replaced, said Kevin Foster, a New York-based spokesman for RBC Capital. Product sales managers will report directly to Jonathan Hunter, global co-head of currencies and fixed income in New York, Foster said. Powis, who was based in New York, couldn’t be reached for comment by phone.