RBC CM builds up equity sales team

George Budd has been appointed vice president of equity sales at RBC Capital Markets. He is based in London.

RBC reported CAD 301 million in equity trading revenues for Q3 2025, up 43% year-on-year. This represents 22% of the company’s overall trading revenue. The European equity sales trading teams are led by Luke Mackaill.

Last week, RBC Capital Markets named Tracey Brown as an EMEA cash equity sales trader.

READ MORE: Brown joins RBC Capital Markets

Budd has six years of industry experience and joins the firm from Cavendish, where he was associate director of equity sales. He began his career as an investment analyst at JP Morgan.

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