Canadian lender RBC sets up new AI team for capital markets unit


FILE PHOTO: The Royal Bank of Canada (RBC) logo is seen on a building in Toronto, Ontario, Canada June 1, 2021. REUTERS/Chris Helgren/File Photo

TORONTO (Reuters) -Royal Bank of Canada's capital markets wing has established a new artificial intelligence and digital innovation team as it bets on AI to boost future growth, the Canadian lender told Reuters on Wednesday.

The team, with hubs in New York, Toronto and London, will report to newly appointed Chief Strategy and Innovation Officer Lindsay Patrick.

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