RBC Hires Industrials Bankers Gandhi, Choi in Advisory Push

Royal Bank of Canada has hired industrials bankers Kinjal Gandhi and Alex Choi as Canada’s biggest bank continues building out its investment banking franchise.

Gandhi is joining RBC Capital Markets as a managing director from Barclays Plc, while Choi is joining as a managing director from Bank of Montreal, according to an internal memo reviewed by Bloomberg News. Gandhi specializes in industrial technology and electrification, while Choi focuses on capital goods and diversified industrials, according to the memo from Matthew Stopnik, head of global investment banking.

A representative for RBC confirmed the contents of the memo, declining to comment ...