RBC Capital Markets and LGBTCM launch ‘Common Grounds’

May 29, 2017

LGBT in Capital Markets and RBC Capital Markets partner to launch Canada’s first LGBT+ coaching program for industry professionals

TORONTO, May 29, 2017 – LGBT in Capital Markets (LGBTCM) and RBC Capital Markets, the investment banking arm of RBC (RY; TSX and NYSE), are pleased to announce the launch of Common Grounds, a capital markets-focused coaching program for LGBT+ talent in the Greater Toronto Area. The first program of its kind in Canada, the Common Grounds program is designed to connect LGBT+ and ally coaches (professionals at all stages in their careers working in or supporting the capital markets) with LGBT+ program participants for one-on-one coaching and development sessions.

“Investing in LGBT+ diversity is not just about “doing the right thing” - it is a commitment to organizational excellence. Common Grounds is about building meaningful connections between people, providing LGBT+ and straight allies in the industry with an opportunity to advance the career trajectories of LGBT+ talent,” said Steven Solarz, executive director of LGBTCM. “The program also allows LGBT+ talent to feel both empowered and valued.”

Common Grounds participants are carefully matched by LGBTCM based on career objectives, industry interests, LGBT+ community involvement and other criteria. Participation is confidential and involves a one-on-one coaching session that provides guidance on industry-specific career paths, being LGBT+ / gender diverse in the industry, educational goals and how to break into a field of interest.

“We are thrilled to partner with LGBTCM on Common Grounds,” said Derek Flood, Head of Canadian Equities and Co-Chair of the Canadian Diversity Leadership Council, RBC Capital Markets. “Diversity and inclusion is a core value at RBC, and we want to play an active role in supporting our firm’s LGBT+ employees and professionals across the industry. There is a tremendous business case for diversity, and this program is an important step forward in enabling and investing in LGBT+ talent. We hope Common Grounds sends a strong message about the support that exists for bringing one’s full self to work.”

Participation in the program is currently open to members of LGBTCM (membership is free of charge) across the Greater Toronto Area, and applications are now being accepted for both participants and coaches.

Media inquiries:

Ashley Dickson, LGBT in Capital Markets
ashley.dickson@lgbtcm.com | (416) 788-8330

Romina Mari, RBC Capital Markets
romina.mari@rbccm.com | (416) 974-3558

About LGBT Capital Markets
LGBT in Capital Markets (LGBTCM) is a not-for-profit organization that supports and advances LGBT+ individuals in the capital markets industry. We work to ensure that all LGBT+ individuals can be their authentic selves and can succeed in the capital markets. We advance LGBT+ talent in the capital markets by connecting industry professionals, developing talent through mentorship and coaching programs, working with allies to advocate for our members, and supporting the success of future leaders. Founded in 2015, we are operated by a team of passionate volunteers and industry leaders.

About RBC Capital Markets
RBC Capital Markets is a premier global investment bank providing expertise in banking, finance and capital markets to corporations, institutional investors, asset managers and governments around the world. We serve clients from 70 offices in 15 countries across North America, the UK, Europe and the Asia-Pacific region. Our more than 7,400 professionals deliver the experience and insights required to raise capital, access markets, mitigate risk and acquire or dispose of assets for clients worldwide. We are consistently ranked, by third-party sources, among the 10 largest and most significant investment banks globally.

RBC Capital Markets is part of a leading, diversified provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.