RBC Hires Graham, Boccio as Heads of CDS and Electronic Trading

Royal Bank of Canada is bolstering its credit trading business with senior hires, including new roles focused on credit-default swaps and electronic trading.

Jackson Graham is joining RBC in June as the head of single-name CDS trading, according to an internal memo reviewed by Bloomberg. He previously worked at Squarepoint Capital and also spent five years at Morgan Stanley in New York and London, where he was head of Europe, Middle East and Africa CDS trading, the memo said.