Bay Street Buzz
This information courtesy of Bill Vlaad of Vlaad & Co.:
“CIBC World Markets Healthcare Analyst Joe Walewicz has left to join a new Healthcare Fund based in Montreal whose details will be officially released in the coming weeks. Joe’s Associate Maxime Paris has been promoted and is the new Healthcare Analyst, based in Montreal.
Tommy Trinh, previously in Investment Banking at LOM has joined M Partners as their newest Institutional Equity Sales person covering the Montreal market.
Genuity Capital Markets Technology Research group is undergoing changes. David Hodgson the senior Technology Analyst and Co-Head of Research has decided to leave and go back to the buy-side. Additionally, Richard Sung the other Technology Analyst has decided to leave as well.
At BMO Capital Markets there have been the following changes:
Mark MacPherson will be transferring to the Melbourne office as a Vice President in the Mining Group. In Toronto, Mark is a Vice President in the Diversified group.
John Easson who headed the Media, Communications & Technology group has left for Private Equity. In light of John’s departure, the group is being separated into two separate entities, namely the Technology group and the Media & Communications group.
David Wismer is joining as Managing Director and Head of Canadian Technology Investment & Corporate Banking from CIBC World Markets.
Darryl White and Ashi Mathur will Co-Head the Canadian Media & Communications group.
Canadian Pension Plan Investment Board (CPP IB) has hired William Tilford to Head Global Securities for their Public Market Investments. Tilford was at Connor, Clark & Lunn as a Senior Portfolio Manager for the Quantitative Equity team.
Alpha Trading Systems, the upstart trading system has undergone the following changes:
Martin Piszel, CIBC WMs’ representative on the board has resigned. Piszel remains at CIBC WM overseeing electronic trading operations. CIBC has shifted responsibility for Alpha from CIBC WM to the corporate development arm of the overall bank.
Ed Cass, the new Head of Capital Markets at CPP Investment Board is joining the board to represent CPP IB interests.
Reggie George has become the newest Equity Proprietary Trader at TD Newcrest. Reggie came from the Investment Banking side of TD where he was a banker for four years.
RBC’s Wealth Management unit in the U.S. has hired Beth Rosenwald and her team from Citigroup’s Smith Barney to join their Baltimore office where she and her team will focus on wealth planning for clients. The team consists of Beth as well as Steven Abrams, Matthew Kunkel and Leksi Sviridova.
Morlan Reddock is joining XM Satellite Radio Canada as their Manager of Corporate Development & Investor Relations from Direct Energy where he was the Manager of Acquisitions & Planning.
Dundee Securities has brought in Clarke Herring to Head their combined Investment Banking team in Alternative Energy & Technology. Clarke was previously a Managing Director and Co-Head of Technology, Media and Telecom banking with NBF.