Bay Street Buzz
This information courtesy of Bill Vlaad of Vlaad & Co.:
“In addition to the moves last week, here are several more Desjardins departures this week:
Pesach (Pace) Goldman and Kristine Sonnenberg, two salespersons left to join Research Capital’s sales desk.
Chris Shaw, Investment Banking Associate left to join Cormark Securities.
Adam Zive, Oil and Gas Analyst has left to join Renaissance Capital, a Moscow-based
investment bank and will be based in Africa, covering energy plays in that region.
Ben Perlman has left the trading desk in Montreal, and will be joining GMP there as a Junior Trader.
Jon Muller was an Institutional Salesperson covering west coast U.S. and Vancouver. Muller is joining CIBC World Markets to focus on U.S. clients.
However, Desjardins did pick up Versant Partners Salesperson Chung Kim.
Now for a few RBC moves:
Bill Moriarty has left his post as Head of Global Research and Vice Chairman for a new role as President and CEO of University of Toronto Asset Management. Canadian Director of Research (“DoR”) Richard Talbot and U.S. DoR Marc Harris were promoted to Co-Heads of Global Research.
Derek Holt is joining the Scotia Capital trading desk as Vice-President, Economics.
David Ing has joined the Mining Research team as an Associate. Ing was previously an Associate at Pacific International Securities Inc.
Stuart Morrow, Retail/Consumer Products Research Analyst at Research Capital, has left the sell side to take a Senior Analyst position at RBC Asset Management focusing on Global Consumer Products and Global Financials.
Phil Hardie has joined Scotia Capital as its third Financial Services Analyst. Hardie was previously at Dundee Securities.
Jeff Wigle, most recently a Vice President with Richardson Capital’s Toronto office (private equity division of Richardson Financial Group), accepted a position as President of Connor, Clark & Lunn’s newly formed private equity group.
Quantitative Analyst, Yin Lao, is joining Macquarie Capital Markets Canada from CIBC World Markets.
CPP Investment Board has hired Ed Cass as Head of Global Capital Markets. Cass was previously the Chief Investment Officer of Fortress Investment Group’s Drawbridge Relative Value Fund.
Wolverton Capital Markets hired one-time Cannacord Oil and Gas Analyst Gordon Currie as its Oil and Gas Analyst. Immediately prior to this role, Currie was the Vice President of Investor Relations at NAL Trust.
Phil Williams, Uranium Analyst from Thomas Weisel joined Clarus Securities.
Congratulations to Ed Cass on his new position.