RBC Capital hires Prendergast, White, Winaker to head convertible group

Pittsburgh, Sept. 17 - RBC Capital Markets said Patrick Prendergast, Daniel White and Jeffrey Winaker have joined the firm as managing directors and co-heads of its convertible group.

Prendergast, White and Winaker will be responsible for the origination, sales and trading efforts of the convertible group, according to a company news release.

They will be based in RBC's San Francisco office.

Prendergast joins RBC from Thomas Weisel Partners. White and Winaker were most recently with Piper Jaffray.

Prendergast was previously partner in charge of the convertible group at Thomas Weisel. Before Thomas Weisel, Prendergast was with the Deutsche Bank Securities convertible group. He holds a master's degree in business administration from the Wharton School of Business and a bachelor of science from the University of Pennsylvania.

White and Winaker were previously managing directors in Piper Jaffray's convertible securities department and were both previously with the convertible group at Robertson, Stephens & Co.

Winaker is a graduate of Northwestern Kellogg School of Management where he earned a master of management degree in finance, organizational behavior and public management. He holds a bachelor of science degree in industrial engineering from Stanford University. White holds a master's degree in business administration from the State University of New York at Albany.

RBC also recently hired Barbara Stymiest as chief operating officer as part of the company's organizational realignment. RBC realigned its five existing global businesses into three businesses structured around client and geographic needs.

RBC Capital Markets is the corporate and investment banking arm of RBC Financial Group, the global brand for Royal Bank of Canada.

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