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RBC High-Yield Desk Sees Attrition After First Brands Losses
Market Intelligence Analysis
AI-Powered
Why This Matters
RBC is experiencing high-yield credit analyst and trader attrition, with at least five employees leaving the bank in recent weeks, following losses linked to the collapse of First Brands Group.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
At least five high-yield credit analysts and traders have left Royal Bank of Canada in recent weeks, with some joining rival firms after the bank notched losses linked to the collapse of First Brands Group, according to people familiar with the matter.
Original article published by
Bloomberg
on February 27, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.