RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, moved into the top 10 global fee rankings for the first time last year and says it will continue to hire to increase international market share.

In a signal of that expansion, the Canadian bank on Monday announced the appointment of a former UBS banker as its head of corporate debt capital markets in Europe. Christoph Seibel, who was most recently head of corporate DCM origination for Europe, the Middle East and Africa at UBS, will report to Sean Taor, head of European DCM.