RBC Hires Ex-Citigroup Analyst Mahaney to Cover Web Stocks

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Royal Bank of Canada, the country’s largest lender, hired former Citigroup Inc. analyst Mark Mahaney as a managing director covering Internet stocks.

Mahaney, 47, will be based in San Francisco and report to Marc Harris, co-head of global research, Toronto-based Royal Bank of Canada said today in a statement.