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🚀 Royal Bank of Canada Faces Departures Amid Losses Linked to First Brands Collapse

At least five high-yield credit analysts and traders have recently departed from Royal Bank of Canada. Bloomberg posted on X that some of these individuals have joined competing firms following the bank's financial setbacks associated with the collapse of First Brands. The departures come as the bank navigates challenges in its credit division, highlighting the impact of the First Brands situation on its operations.

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