Key facts
- RBC has appointed Sian Hurrell and Robin Beer as co-CEOs of RBC Europe Limited.
- The bank plans to hire around 140 bankers across continental Europe and its wealth management unit.
- Hurrell will remain head of capital markets Europe and global sales, while Beer continues as CEO of RBC Wealth Management Europe.
- RBC aims to strengthen capabilities in commodities, securitisation, credit and rates, and credit-derivative swaps.
- The bank reported net income of CAD $20.4 billion for the full year 2025.
Royal Bank of Canada has appointed Sian Hurrell and Robin Beer as co-CEOs of RBC Europe Limited, placing the bank's capital markets and wealth management operations in the region under joint leadership. The move signals an accelerated push for growth in Europe, with the bank aiming to integrate its three business lines – asset management, capital markets, and wealth management – to win market share.
In their expanded roles, Hurrell and Beer will oversee strategic direction, governance, and regulatory oversight for RBC's European capital markets and wealth management activities. Hurrell retains her position as head of capital markets Europe and global sales, while Beer continues as CEO of RBC Wealth Management Europe. The appointments follow a strong 2025 performance, with the bank reporting net income of CAD $20.4 billion, providing capacity for investment.
RBC plans to hire approximately 140 bankers across continental Europe and its wealth arm. This includes adding about 100 bankers to its capital markets teams in continental Europe over the next two years and recruiting around 40 senior advisers for its wealth business within 12-18 months. The bank aims to strengthen capabilities in areas such as commodities, securitisation, credit and rates, and credit-derivative swaps, and to leverage the integration of its 2022 Brewin Dolphin acquisition to build a larger, more profitable franchise.