RBC Hires JPMorgan’s Wagner as Head of Private Capital Markets

Royal Bank of Canada hired JPMorgan Chase & Co. managing director Troy Wagner as global head of private capital markets, according to people with knowledge of the matter.

Wagner is set to join the Canadian lender’s investment-banking arm, RBC Capital Markets, after a period of gardening leave, reporting to Jim Wolfe, head of global investment-banking capital markets, some of the people said, asking not to be identified discussing confidential information. Wagner succeeds Ricardo McKenzie, who left RBC to join Wells Fargo & Co.