RBC names Amato-Gauci, Neldner co-heads of Global Transaction Banking unit

RBC created a unified Global Transaction Banking business, combining transaction banking capabilities across Commercial Banking and Capital Markets.

• Co-leadership assigned to Sean Amato-Gauci, Group Head, Commercial Banking, and Derek Neldner, CEO and Group Head, RBC Capital Markets.
• Kartik Kaushik named Head of GTB, Product, Platforms and Solutions, leading product strategy, innovation, platform delivery.
• Michael Klopchic named Head of GTB, Client Coverage, leading client coverage, sales execution, go-to-market strategy.
• Structure keeps financial reporting within existing business segments despite the new shared leadership model.