The Royal Bank of Scotland has hired two senior equity sales officials to cover structured product sales in Europe. Francesco Cantone, equity derivative salesman at Merrill Lynch, and Michael Nelskyla, an equity derivative sales official at SG Corporate & Investment Banking, are both set to join the firm. Nelskyla and Cantone could not be reached. Murray Parker, spokesman for RBS, confirmed the hires.
Cantone will cover equity derivative sales to Italy and Nelskyla will be responsible for sales to Northern Europe. The pair will be based in London and report to Sian Hurrell, head of structured solutions.
Michelle Gathercole, spokeswoman for SG CIB in London, declined comment on any replacement for Nelskyla. Patrick Meyer, spokesman for Merrill Lynch in London, did not return messages by press time.
