RBC Capital Markets appoints Co-Heads of its Global Energy Research platform

    Top-Ranked Research Team Continues to Expand

    RBC Global Energy and Power Conference Underway in New York

    NEW YORK and TORONTO, June 2 /CNW/ - RBC Capital Markets today announced
the appointment of Kurt Hallead and Greg Pardy as Co-Heads of Global Energy
Research to oversee the firm's growing global energy research platform.
    In these new positions, Hallead and Pardy will coordinate research on
macro themes, oversee expansion of the firm's coverage universe and direct
overall research strategy, in addition to continuing their current publishing
and research roles with the firm.
    "The energy industry is a core competency of RBC. By coupling the
expanded capabilities of our global research platform with our deep
relationships and insights into the sector, we can help our clients better
position themselves to capitalize on the world's growing demand for energy,"
said Hallead, who is based in Austin.
    Under the leadership of Hallead and Pardy, RBC will bolster its already
robust global energy research platform to include the integrated oil and
international energy services sectors as well as increase its focus on
commodities. Currently, the firm's energy research platform includes
traditional exploration and production companies and energy services, as well
as energy infrastructure, master limited partnerships, power and utilities.
    "Our extended research focus will provide clients with a full spectrum of
investment ideas in the global energy sector through insightful, thematic and
original research. Few banks are as committed to the energy industry, or to
providing this level of high quality research on its various sub-sectors, as
RBC," added Pardy, who is based in Toronto.
    RBC will showcase its global energy platform at its annual Global Energy
and Power Conference which is being held June 1 - 2, 2009, at the Ritz-Carlton
Battery Park in New York. More than 400 institutional investors and corporate
executives from 200 presenting companies in the exploration and production,
oilfield services, energy technology and power sectors will be in attendance.

    A Top 5 Global Energy Research, Trading and Banking Platform

    RBC's Global Energy team ranks among the top five global energy research
platforms in financial services, based on breadth of coverage. The team
features more than 30 research professionals based in Austin, Calgary, Dallas,
Edinburgh, Houston, New York, Toronto and Vancouver, who cover more than 230
energy and energy infrastructure equities and fixed income securities.
    "More and more clients are demanding sophisticated coverage that can only
be achieved through a strong presence in research, banking and trading, and we
are building just that. The growth potential for our global energy research
franchise is extremely promising," said Hallead.
    RBC is ranked among the most active traders of equity and fixed income
securities related to the energy sector in North America and Europe. Its
global energy corporate and investment banking teams have nearly 100
professionals located in Calgary, Houston, London and Toronto dedicated to the
energy sector.
    RBC's Commodities group also has sought to expand its footprint
strategically in the energy sector. Today, oil, natural gas and power
currently represent the primary portfolios with more than 30 professionals
situated in Toronto, Calgary, Houston and Cincinnati.

    About RBC Capital Markets

    RBC Capital Markets is the corporate and investment banking arm of RBC
and is active globally in debt origination, sales and trading, foreign
exchange, infrastructure finance, structured products, metals and mining, and
energy. Its North American platform includes a significant U.S. middle market
investment banking franchise and leading equity, underwriting, sales, trading
and research businesses. Bloomberg ranks the firm as a top 20 investment bank

For further information:

For further information: Gillian Hewitt - Canada, (416) 974-0668,
gillian.hewitt@rbc.com; Kevin Foster - U.S., (212) 428-6902,
kevin.foster@rbc.com; Louisa Fairman - Europe and Asia, +44-20-7029-7821,

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890