The Globe and Mail reports in its Friday, Oct. 13, edition that unnamed sources say the list of senior bankers and analysts leaving Barclays PLC's Canadian capital markets arm is growing, with at least six more people leaving in the past few weeks. The Globe's Tim Kiladze writes that Barclays already lost three top bankers, including country head Bruce Rothney, to investment bank Jefferies Financial Group at the end of August, and the run on talent has continued.
Since those initial hires, Jefferies has also brought on investment bankers Erik Charbonneau, who worked in equity capital markets, and Jacquelyn Titus, who led Barclays's Canadian financial institutions group and previously worked at Goldman Sachs. Jefferies is also hiring three analysts from Barclays, including John Aiken, Anthony Linton and Matt Murphy. Jefferies is a Wall Street investment bank looking to make a splash in Canada. The investment bankers and analysts are expected to take several weeks or months, depending on their roles, of what is known on Bay Street as "gardening leave" before starting their new jobs, to avoid possible conflicts of interest.
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