Krag brings over 25 years of financial service experience to RBC Capital Markets, joining from Daiwa Capital Markets Europe where he was CFO.

Prior to this, Krag was chief operating officer for HBOS Treasury Services and held a number of senior finance positions within capital markets, equities and global financial market businesses for NatWest Securities.

Krag will be based in London and reports to John Burbidge, CEO, Europe, RBC Capital Markets.

Burbidge said Stephen’s financial acumen coupled with his experience and ability to build team infrastructure, and management control functions to support growing businesses will be a major asset to them as they continue the build-out of their European platform.