The Globe and Mail reports in its Saturday edition that Scotia Capital has hired four debt capital markets bankers from BMO Nesbitt Burns.
The Globe's Alexandra Posadzki writes that Bob Nguyen has been hired on as the new head of debt capital markets. Previously, Mr. Nguyen was head of North American debt capital markets and capital restructuring at Bank of Montreal's capital markets arm.
Mr. Nguyen takes over from Greg Greer, who left Bank of Nova Scotia last month, according to a person familiar with the matter who was granted anonymity by The Globe because the matter is not public.
Michal Cegielski, who was most recently head of Canadian corporate debt at BMO, joins as Scotiabank's head of Canadian debt capital markets.
Patrick Breithaupt and Patrick Dabiet also join Scotiabank's debt capital markets group from BMO.
All four are on leave and are slated to start in May.
Scotiabank has seen a flurry of changes in its capital markets arm in recent months. Earlier this year, the bank named new co-heads of global investment banking -- Dany Beauchemin and Adam Sinclair -- following the departure of Charles Emond.
In November, Jake Lawrence and James Neate became co-heads of the global banking and markets business.
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