RBC Capital Markets has hired a new credit-sales exec from Citigroup as the firm looks to expand its US fixed-income, currencies, and commodities (FICC) business.
Dan Spitzberg, formerly a director in investment-grade credit sales at Citi, is joining RBC as the US head of investment-grade credit sales, according to people familiar with the matter. He spent seven years at Citi and worked at Mitsubishi UFJ Securities and Nomura before that, according to LinkedIn and Financial Industry Regulatory Authority records.
Spitzberg will join the firm in July and report to Jeff Fields, head of FICC sales in North America, the people said.
RBC declined to comment. Citigroup did not immediately respond to request for comment.
The Canadian lender ranked between seventh and ninth in FICC in the Americas in 2018, according the industry data-consultant Coalition.
RBC hired Michelle Neal, formerly the markets chief at BNY Mellon, as its US FICC head in March.
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