Jas Sandhu will run algorithmic trading across the Canadian bank's cash equities and ETF desks

RBC Capital Markets has hired a Morgan Stanley managing director to oversee the execution of computer-driven trades in its global equities business.

An established member of Morgan Stanley's giant sales and trading business, Jas Sandhu spent 16 years with the US bank in roles that included head of Asia Pacific trading.

RBC hires Morgan Stanley MD for key trading post

RBC hires Morgan Stanley trader for key trading post

Nell Mackenzie

Morgan Stanley

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Alain Courbebaisse will take on role in the new year

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Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

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Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

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Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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