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Royal Bank of Canada has hired equity capital markets banker Mariano Gaut from Mizuho Financial Group to lead the structuring of corporate derivatives and origination of convertible bond deals globally.

Gaut will join RBC in January as its New York-based global head of strategic equity solutions within the bank’s ECM team, according to a memo reviewed by Bloomberg News. The contents of the memo were confirmed by a representative for the Canadian firm.

In this role, the 25-year-plus banking veteran will work closely with RBC’s global equities business, according to the memo from Jim Wolfe, RBC’s head of global investment banking capital markets, and Nitin Babbar, its global head of ECM.

Gaut has spent the past decade leading Mizuho’s capital markets origination efforts across corporate equity derivatives and equity-linked financings.

Prior to that, he was with Citi for about 15 years in roles spanning U.S., European and South American markets and including a stint working in Tokyo.  —Anthony Hughes and Aaron Weinman, Bloomberg News

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