RBC woos three senior financials bankers from Deutsche Bank

Shareholders leave the Royal Bank of Canada's Annual General Meeting in CalgaryRBC Capital Markets has hired three senior Deutsche Bank AG bankers who focus on advising banks, according to an internal memo from the Canadian firm. The hires include Americas head of Deutsche Bank's financial institutions group Venkat Badinehal. Badinehal joined Deutsche Bank in 2009 from Merrill Lynch and has worked on deals including advising BB&T Corp on its $1.8 billion acquisition of National Penn Corp and its $2.5 billion acquisition of Susquehanna Bancshares.