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RBC Hires Goldman Trader Noel Reyes for Equity Algorithm Push
The Canadian bank continues to expand its global stocks business.
Feb. 23, 2026 at 2:31am
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Royal Bank of Canada has recruited Noel Reyes, a former Goldman Sachs equities trader and execution specialist, to lead product innovation as the bank broadens its footprint in global stocks. Reyes will join RBC Capital Markets in May and be based in New York, where he will lead product development across electronic trading and execution algorithms.
Why it matters
RBC's hiring of Reyes signals the bank's continued focus on growing its global equities business, particularly through the use of advanced trading algorithms and electronic execution capabilities. This move comes as banks increasingly compete to offer sophisticated trading tools and services to institutional investors.
The details
Noel Reyes previously served as the head of Americas equities electronic trading product at Goldman Sachs. In his new role at RBC, he will report to Jas Sandhu, the global head of electronic multi-asset agency solutions at the Canadian bank.
- Reyes will join RBC Capital Markets in May 2026.
The players
Noel Reyes
A former equities trader and execution specialist at Goldman Sachs, who will be joining RBC Capital Markets to lead product development across electronic trading and execution algorithms.
Jas Sandhu
The global head of electronic multi-asset agency solutions at RBC Capital Markets, to whom Noel Reyes will report.
Royal Bank of Canada
A Canadian multinational financial services company that is continuing to expand its global stocks business, as evidenced by the hiring of Noel Reyes.
Goldman Sachs Group Inc.
An American multinational investment bank and financial services company, from which RBC has recruited Noel Reyes.
The takeaway
RBC's hiring of Noel Reyes, a seasoned equities trader and execution specialist from Goldman Sachs, underscores the bank's commitment to bolstering its global stocks capabilities through the development of advanced trading algorithms and electronic execution tools.
