Laurentian Bank of Canada, the country’s seventh-biggest lender, said it hired former Wellington West Capital dealmakers Kevin Hooke and Tyler Wirvin to expand its investment banking business to Winnipeg, Manitoba.
Hooke has more than 30 years experience and was a founding partner, director and head of investment banking at Wellington West, the Montreal-based firm said today in a statement. Laurentian’s Montreal-based rival, National Bank of Canada (NA), bought Wellington West Holdings Inc. in July.
Wirvin has 10 years experience including at the Province of Manitoba’s debt capital markets department, Laurentian said. Both start July 3.
“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,” Michel Trudeau, chief executive officer of Laurentian Bank Securities, said.
The firm also said it hired Milla Craig as a consultant and special adviser to its equity group in Toronto, and Laila Danechi as an institutional equity sales representative in Montreal.
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