The Globe and Mail reports in its Saturday, Sept. 21, edition that Barclays is bolstering its Canadian operations by adding two experienced investment bankers.
A Canadian Press dispatch to The Globe reports that Ken Davis will be joining the bank's Calgary office in October as the head of Western Canadian coverage. In December, Greg Petit will start with Barclays in Toronto as the head of Canadian infrastructure, power and utilities. Barclays made the announcement on Friday.
Mr. Davis spent the last six years at Citi and previously worked at Goldman Sachs. Mr. Petit has been with Bank of Montreal since 2006, most recently as managing director and head of Canadian power, utilities and infrastructure. He is also a chartered financial analyst and a chartered professional accountant. They are joining Barclays about one year after the bank lost more than a dozen of its senior Canadian bankers to the Canadian arm of Jefferies Financial Group. Over a six-week period in 2023, Jefferies hired Barclays's Canadian head of mergers and acquisitions, its head of equity capital markets, several other investment bankers, and three analysts who covered financial institutions, mining and energy.
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