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RBC Hires Stanicky, Francis to Expand in U.S. Health Care

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Nov. 12 (Bloomberg) -- Royal Bank of Canada, the country’s largest lender, hired Randall Stanicky and David Francis as managing directors to expand coverage of U.S. health-care companies at its investment bank.

Stanicky joined in New York as lead analyst for the specialty and generic pharmaceuticals group of RBC Capital Markets, the Toronto-based firm said today in an e-mailed statement. Stanicky has 14 years of experience, and previously covered health care for Canaccord Genuity Group Inc., Goldman Sachs Group Inc. and Citigroup Global Asset Management.

Francis, a former managing director at Jefferies Group LLC, joined RBC’s Nashville, Tennessee, office, where he covers health-care information technology and distribution services, the company said. Francis, who has more than 20 years of experience, was last at JAAG Group, a research and advisory firm where he was founder and managing partner.

To contact the reporter on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net

To contact the editor responsible for this story: Peter Eichenbaum at peichenbaum@bloomberg.net

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