The Financial Post reports in its Friday edition that Royal Bank of Canada has recruited a Goldman Sachs equities trader and execution specialist to lead product innovation as the bank continues to broaden its footprint in global stocks. A Bloomberg dispatch to the Post says that Noel Reyes, previously head of Americas equities electronic trading product at Goldman, will join RBC Capital Markets in May and be based in New York. Mr. Reyes will lead product development across electronic trading and execution algorithms and report to Jas Sandhu, global head of "electronic multiasset agency solutions." This is the latest in a slew of hires by RBC in stock trading since the arrival of James Masserio a year ago from Societe Generale SA as global head of equities. Since July, the bank brought in at least eight new senior staff in equities, among them Amir Heravi and Jason Hedberg from UBS Group AG as global co-head of equity derivatives flow trading and global head of equity derivatives sales, respectively. Mr. Reyes joined Goldman from JPMorgan in 2018, according to a regulatory registry.