RBC appoints Frederic Laine head of Asia fixed income

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has appointed Frederic Laine as a managing director and head of fixed income and currencies, Asia ex-Japan.

Laine, who is based in Hong Kong, will be responsible for RBC’s fixed-income and currencies business in Asia, overseeing operations in Hong Kong, Beijing and Singapore. He replaces Mike Bass, who left at the end of last year.

Laine was most recently regional head of the financial institutions group in Asia ex-Japan at Credit Agricole. Before that, he was head of Asia ex-Japan fixed-income markets at Credit Agricole. Laine joins RBC Capital Markets with more...