Royal Bank of Canada’s Mark Chandler set to retire | TSX Market Update

Summary:
The dean of Toronto’s trading floors will leave the RBC by October-end after a 20-year-stint at the bank. He is retiring as the head of Canadian fixed income and currency strategy at RBC Capital Markets. Chandler also worked as an economist and advisor at Bank of Montreal and Goldman Sachs Group Inc. Quebec enforced new lockdown measures to curb the second wave of COVID-19 pandemic in Montreal and Quebec City. Bars and restaurants have been ordered shut and guests in private homes banned. The partial lockdown will in place from October 1 to 28. The survey, conducted by human resources consulting firm Morneau Shepell, said 13 per cent of 889 organizations plan to freeze pay. The firm earlier estimated 36% organizations froze their salaries in 2020 due to the pandemic.

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