Royal Bank of Scotland has hired six new staff to its financial markets division in London, as it continues to pick up staff despite the economic downturn.

RBS, which has been hiring consistently since the middle of the year, hired Jo Frabretti as a senior trader of high-yield debt. Frabretti joins from JP Morgan, where she spent six years trading high-yield credits in the industrial, telecoms, media and technology, and distressed debt sectors.