The Globe and Mail reports in its Thursday, Feb. 16, edition that investment banker Mike Shuh is joining Canaccord Genuity Group to run its financial-institutions group. The Globe's Christina Pellegrini writes that Mr. Shuh will work with investment banking and advisory groups across all regions at Canaccord to provide advice to asset managers, alternative lenders, investment funds and special-purpose-acquisition companies, according to an internal staff memo. Mr. Shuh is located in Toronto and will report to Pat Burke, the company's president of capital markets in Canada. Before joining Canaccord, Mr. Shuh led the financial-institutions coverage at CIBC World Markets for approximately one year until he left the bank last September. Prior to that role, he headed up CIBC's investment-funds group. Mr. Shuh spent a decade in the investment-banking division of National Bank Financial until he departed for Canadian Imperial Bank of Commerce in 2008. Since last Friday Canaccord stock has climbed 73 cents to close Wednesday in Toronto at $5.42.