TD Securities hired a veteran DCM banker from Credit Suisse in NYC
If you're looking for a job on Wall Street this year, you could always try Canadian bank TD Securities: it's adding staff in an effort to gain market share.
TD's latest hire is Spencer Haimes, a veteran debt capital markets banker with a 23-year career on Wall Street. Haimes joined TD as a managing director in December 2017. He previously spent four and a half years at Credit Suisse and nearly 15 years at UBS.
Haimes' arrival follows a report in the Toronto Globe and Mail last September claiming that TD had added 300 people in New York in the previous three years, bringing the bank's headcount in the city to nearly 900. The growth appears to be focused on capital markets and follows TD's move into Deutsche's former office in the city.
Haimes isn't TD's only recent senior hire. In September it recruited Ross Levitsky, Deutsche's former head of TMT corporate banking coverage.
Haimes' exit from Credit Suisse comes curiously close to bonus time. It follows the Swiss bank's November 2017 investor day, in which the bank said it had been rehiring MDs into its investment bank, but reiterated its intention of cutting costs.
Credit Suisse ranked in ninth place for U.S. marketed debt capital markets deals last year according to Dealogic. This was up from 10th in 2016.
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