RBC’s Trading Business Has ‘Big Opportunity’ to Expand, CEO Says – Bloomberg

Royal Bank of Canadas trading business has a big opportunity to take more market share, Chief Executive Officer Dave McKay said.

RBC Capital Markets, which is heavily focused on the US, currently ranks 15th in trading, and theres no reason the operation couldnt rise to No. 10, McKay said at a Bank of Nova Scotia financial-industry conference Wednesday.