Dain Rauscher Forms New Trading Group

October 17, 2002 (PLANSPONSOR.COM) - RBC Dain Rauscher has formed a new group to provide specialized trading and research to small- and medium-sized institutional money managers.

The new group will provide these specialized services from RBC Capital Markets, the investment banking arm of Royal Bank of Canada.

With the creation of this new group, Dain Rauscher has recently added seven middle market specialists from Lehman Brothers, Red Coat Capital Management, and CIBC World Markets, and expects additional hires in the near future.