RBC expands global group

RBC Capital Markets has expanded its U.S. Global Investment Banking Group with the addition of a Industrial & Diversified Services Group, a Food & Beverage industry sector within its Consumer Group, and a larger Healthcare Group.
The New York-based investment banking arm of the Toronto-based Royal Bank of Canada
appointed Thomas Tullo to head the firm’s U.S. Industrial & Diversified Services Group and G. Torrey Rossetter and Robert Sarlls to lead the Consumer Food & Beverage team.
Daniel Schnurman was added to the Healthcare Group as a director.
Mr. Tullo joins RBC Capital Markets as a managing director from Needham & Co. Inc., where he led the firm’s Industrial & Diversified Growth Group.
Mr. Rossetter and Mr. Sarlls were most recently managing directors at Chicago-based Strategic Food Partners, a private equity firm focused exclusively on the food industry.
Mr. Schnurman was most recently a director at Zurich-based Credit Suisse Group, where he focused on the Life Sciences industry.