MONTREAL, June 29, 2012 /CNW Telbec/ - Laurentian Bank Securities, a
subsidiary of Laurentian Bank (TSX: LB) is pleased to announce that it
will be opening offices in Winnipeg with the hiring of an investment
banking team; Kevin Hooke Director and Tyler Wirvin Vice-President will
be joining the firm on July 3rd 2012.
Mr. Hooke has over 30 years experience in corporate finance having been
a founding partner and Director of Wellington West Capital and Head of
Investment Banking. Mr. Wirvin has 10 years of experience having worked
with Mr. Hooke at Wellington West and the Province of Manitoba Debt
Capital Markets department.
Michel Trudeau, President and Chief Executive Officer of Laurentian Bank
Securities stated, "We are expanding into Manitoba as we believe the
growth prospects and solid economic foundation of mid western Canada
provide a good backdrop for our future growth while having a local
presence will prove to be a competitive advantage." He went on to say,
"This is our first step in expanding our presence beyond Quebec and
Mr. Hooke's team has raised $1.3 billion in financing for Manitoba based
firms, as well as $1.5 billion in debt financing for Manitoba Hydro and
the province's Builder Bonds series.
Ben Vendittelli, Senior Vice President and Head of Institutional Equity
remarked, "Mr. Hooke and Mr. Wirvin share our vision and dovetail
nicely into our strategy to be a strong provider of financial services
to the small cap market in Canada. We will continue growing our
platform with quality individuals while remaining focused on our
strategic plan to grow our breadth, scale and capabilities targeting
our small cap niche."
Laurentian Bank Securities Bolsters Montreal and Toronto Equity Team
Concurrently, Laurentian Bank Securities announces the hiring of Milla
Craig as a consultant and special advisor to the equity group. Mrs.
Craig is a seasoned veteran having worked in institutional sales at
Scotia Capital and RBC. Furthermore, Laurentian Bank Securities has
hired Laila Danechi as an institutional equity sales representative in
Montreal. Ms. Danechi's has held positions in business development at
Natcan and Montrusco Bolton.
Laurentian Bank Securities has also recently hired Nick Agostino as a
Special Situations analyst in its Toronto office. Mr. Agostino has over
10 years experience having joined the firm from Euro Pacific
Securities, having also held positions in equity research at Mackie
Research Capital and Scotia Capital.
About Laurentian Bank Securities
Laurentian Bank Securities (LBS), is an integrated full-service
investment dealer, focusing on five lines of business. The well
respected Institutional Fixed Income division has a strong presence in
Government and Corporate underwritings, as well as in secondary
markets. In addition, the Institutional Equity division is solidly
established across the country and focuses on serving clients through
research, trading and investment banking in the small capitalization
sector. The fast-growing Retail division and Discount Brokerage
division currently serve clients through 15 offices in Quebec and
Ontario. Furthermore, LBS' corresponding business provides complete
back office support to a wide range of customers.
SOURCE LAURENTIAN BANK OF CANADA
For further information:
Medias and Public relations
514 284-4500, extension 8232