FX people moves: New hires at RBC Capital Markets – Eric Olson, Ron Goldshmidt, Russell Jones

Eric Olson and Ron Goldshmidt have joined RBC Capital Markets’ emerging markets team in New York. Olson joins from HSBC as managing director and head of emerging markets USA trading. Goldshmidt comes in as a director from UBS, where he headed the bank’s local markets fixed income and derivatives trading operation.

Eric Olson and Ron Goldshmidt have joined RBC Capital Markets’ emerging markets team in New York. Olson joins from HSBC as managing director and head of emerging markets USA trading. Goldshmidt comes in as a director from UBS, where he headed the bank’s local markets fixed income and derivatives trading operation.

“These hirings are great additions to the team and underscore our commitment to building a world class, multi-product, emerging markets business,” said John Greenslade, head of FIC, Europe and head of emerging markets for RBC Capital Markets, and the only guy I know who has ridden L’Etape du Tour in a fireman’s outfit.

“Both Eric and Ron bring a wealth of experience in trading local currency FX and interest rate markets.  We plan to continue to make strong additions as we build out our emerging markets business around the globe,” he added.

Also joining RBC is Russell Jones. Jones will be head of fixed income and currencies global research, and starts his new role with Adam Cole, who will become the head of global FX strategy research. Russell, who will be based in RBC Capital Markets’ London office, will report to Bill Moriarty, head of global research and Craig Wright, chief economist.  Adam Cole, Ian Beauchamp, head of global rates strategy and Nick Chamie, head of emerging markets research will report to Russell.

Russell joins RBC from Abu Dhabi Investment Authority, where he was senior economist.  Prior to that Russell spent nine years at Lehman Brothers (five years in Japan), where he was chief international economist and head of FX research.  

Adam Cole joined RBC Capital Markets in 2004 and since that time has been senior currency strategist focused on the G10 economies.  Previously Adam spent more that 13 years as a senior economist and senior currency strategist with HSBC Investment Bank and Credit Agricole Indosuez.  Adam is also based in London.