The head of RBC's U.S. wealth management unit will retire, a spokeswoman said.
John Taft, 61, had been CEO since 2005, and had overseen several acquisitions that have substantially grown the Canadian firm's U.S. brokerage business. The firm's most recent acquisition included City National, an elite Los Angeles-based bank that caters to Hollywood elites.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access