To say the Royal Bank of Scotland has had a difficult year, would be a gross understatement. But the bank is pushing forward with hires and a continued build out of its equity franchise. Global Investor/isf speaks to Gregory Wagner about his plans for the Equity Delta One business.

Global Investor/isf: You recently relocated from New York to London. Why the move?

Gregory Wagner, Royal Bank of Scotland: The purpose of my move was to take on a global co-head role for our newly created Equity Delta One and Financing business (EDF).

This new mandate was borne out of the combination of our Equity Finance Synthetic Prime Brokerage unit and our Equity Execution Services division. Now under a single management structure, EDF can more effectively deliver globally, a more cohesive product suite of top tier execution and synthetic solutions to our core client franchise.

RBS equities is hubbed...