---
title: "TRADING UP: Yalmokas to RBC; Walker to Citadel"
description: The latest personnel moves in the securities space.
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# TRADING UP: Yalmokas to RBC; Walker to Citadel

 07.05.2017 By John D'Antona

![TRADING UP: Yalmokas to RBC; Walker to Citadel](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-May-12-2022-09-34-07-86-AM.jpg)

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**Jonathan Yalmokas** has resigned as Bank of America Corp's head of prime brokerage in the Americas to lead an equity financing business at Royal Bank of Canada, a person familiar with the move said. Yalmokas will start at RBC's New York office in September in a bid to expand its financing business for investment managers, according to the person, who was not authorized to discuss the information publicly. RBC spokeswoman Hannah Sloane confirmed that Yalmokas would join the bank in September. Yalmokas had joined Bank of America Merrill Lynch in 2011 from UBS Group AG, where he also worked in a role providing investment services to hedge funds. He resigned from the bank last week, the person said.

HKEX appointed **Roland Chai** as Managing Director, COO of its Clearing Division and Head of Clearing Risk Solutions.  He reports to Calvin Tai, HKEX's Joint COO and Head of Clearing.

![](https://static.hsstatic.net/BlogImporterAssetsUI/ex/missing-image.png) Robert Hegarty, Olmstead

FCA chairman **Griffith Jones** confirmed plans to depart in March 2018.

Siebert Cisneros Shank & Co., LLC, one of the nation’s most prominent minority- and woman-owned investment banks, announced that former New York City Housing Authority Chairman and CEO **John Rhea**, a 30-year investment banking professional and corporate executive, has joined the firm and will be President of the Corporate Finance and Capital Markets division, further expanding one of the company’s top growth areas. From 1997-2009,  Rhea was a managing director and investment banking group head at JPMorgan Chase & Co. and later Barclays Capital (formerly Lehman Brothers).

Citadel Securities has named the former co-head of Bank of America Merrill Lynch's electronic equities trading business in Europe to the board of its business in the region. **Tony Walker** has joined Citadel Securities’ European arm as an independent non-executive director, a spokeswoman confirmed.  Walker departed BAML in October last year, a move that left Natan Tiefenbrun at the helm of the bank’s electronic equities business in Europe.

Warsaw Stock Exchange appointed seven members of the Supervisory Board of the exchange of a new term of office. **Marek Dietl** appointed as president of GPW management board. He currently serves as Economic Advisor to the President of Poland.

Market veteran **Robert Hegarty** has been named as an Advisor at Olmstead Associates. Hegarty is charged with providing strategic guidance and advice to Olmstead on the execution of its data-centric consulting services model. He will also work closely with Olmstead's CEO and management team, helping to cultivate key relationships with senior executives in the Investment Management and Asset Servicing industries.

The OpenFin Board of Directors named **Paul Walker**, former co-head of Technology for Goldman Sachs, as an independent member to its board. At Goldman Sachs, he served in a senior technical role as co-head of the Technology Division joining the firm in 2001. The firm also named; Samuel Cole, Former COO at BlueMountain Capital; Matt Harris, Bain Capital Ventures; Dinkar Jetley, Pivot Investment Partners; Dirk Manelski, J.P. Morgan; Michael McFadgen, Euclid Opportunities and Thomas Miglis, NYCA Partners.

Rosenblatt Securities hired veteran financial-services-industry analyst **Christopher Allen**. With over two decades as a securities analyst, Allen has developed a devoted following among investors in financial-services stocks, particularly those of global exchange operators such as CBOE Holdings, CME Group, IntercontinentalExchange and Nasdaq. He comes to Rosenblatt from Buckingham Research Group, where he covered exchanges, ebrokers and market-structure-related companies. He has also served stints as a financials analyst at Evercore Partners, Bank of America Securities, UBS and Putnam Lovell NBF Securities.

MCAP, a technology focused market maker and liquidity provider in ADRs, landed **Jim Smyth** as a Partner. Smyth will be responsible for expanding the sales effort that will service agency broker dealer desks. He was previously Head of Retail Equity Broker Dealer business at Cantor Fitzgerald where he built the desk from scratch and managed both exchange and OTC sales trading. Prior to that Jim held senior level positions at KCG and Merrill Lynch.

IFS Securities grabbed **Thomas Marks** a new Managing Director, Business Development. In his new role, Marks brings over 20 years’ experience to IFS to help manage recruiting, business development, and acquisitions for the firm and its affiliated companies. Marks will work from the company’s Atlanta headquarters.

UBS has hired Deutsche Bank’s former global head of equities funding and securities lending, **Natalie Horton**, as its new Head of Americas equity finance trading, according to media reports. Horton was with the German bank for nearly 15 years, according to her Linkedin profile, where she rose through the ranks of Deutsche Bank’s prime finance business. While there, she served as North America head of synthetic equity trading, and in 2014 she was named global COO of prime finance. In 2015, she was appointed global head of equities funding and securities lending.

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