Jefferies is establishing an investment banking presence in Canada, expanding its focus on the mining sector. Canada accounts for approximately 25 percent of all mining investment banking worldwide.
In a statement released today, Jefferies announced that Steven Latimer, formerly Head of Canadian Metals and Mining for Credit Suisse, has been named Managing Director and Head of Canadian Investment Banking. He will be based in Toronto.
Benjamin Lorello, Global Head of Investment Banking and Capital Markets at Jefferies, said that “by having a local presence, we will be able to serve Canadian clients across all our focus sectors, providing them with M&A and worldwide capability in equity and debt capital markets through our sales and trading presence across the U.S., Europe and Asia.”
Latimer has more than 22 years of investment banking experience. Before Credit Suisse, he spent 15 years at UBS Securities in Investment Banking based in Toronto and Calgary. He is a graduate of the Honors Business Administration program at The University of Western Ontario and received his MBA from the Kellogg Graduate School of Management at Northwestern University. He is also a Chartered Financial Analyst.
Jefferies is a global investment banking firm serving clients in the Americas, Europe and Asia.