Bay Street Buzz

This information courtesy of Bill Vlaad, of Vlaad & Co.:

“Research Capital and Alberta-based J.F. Mackie & Co. have merged operations.

Gryphon Partners has brought on three new bankers:

· George Mihaleto has joined as Senior Partner coming from industry

· Christos Doulis has joined as a Partner coming from Blackmont Capital; and

· Bram Walter has joined as a Partner from the M&A group at National Bank Financial

Several changes at CIBC World Markets’ Equity Research team:

· Jonathan Lethbridge will be assuming responsibility for Forest Products Research while continuing to cover Alternative Energy

· Don Roberts will no longer be involved with the daily operation of the Forest Products Equity Research Team but will be on assignment developing an Alternative Energy business plan

· Biotech Analyst Max Paris is moving to the Montreal Sales desk

· Cosmos Chiu was promoted to cover Small Cap Precious Metals. Cosmos will develop coverage of royalty companies and other specialty miners in addition to covering drillers

· Paul Holden will move from Trusts to Non-Bank Financials

· Matt Black has moved from the trading floor to Quantitative Products

· Max Vichniakov was hired as an Associate covering the Airlines and Aerospace Industry.

Energy Analyst Gordon Gee has moved from RBC Capital Markets to its wholly-owned affiliate Phillips Hager & North Investment Management and will be responsible for energy sector investments across all Canadian Equity mandates.

RBC Capital Markets has hired Credit Suisse’s Tim Harvey as Director and Head of Cash Equities Trading in the London office.

Chad Sievewright has joined RBC Capital Market’s Investment Banking group in Vancouver as an Associate. He was previously with Lexicon Partners in London and prior to that with Merrill Lynch in Calgary.

After a period at Northwater Capital Management, Stephen Foote is joining UBS Global Asset Management as its Head of Business Development.

Blackmont Capital has hired trader Richard Williams who was previously at Thomas Weisel Partners and Didier Lavalee to its Montreal Sales Desk from Genuity Capital Markets in New York.

Scotia Capital hired Institutional Salesmen John Findlay and Bannon Kopko, and Institutional Trader Sean Riley from Merrill Lynch Canada.

Jeff Hersh has joined BCE’s Corporate Development as an Associate Director.

John Bartello has left his treasury role at George Weston to join CanDeal’s Fixed Income Sales team.

Michael Teplitsky joined Wynnchurch Capital, focusing on Energy and Power services and Equipment. Michael was previously with Lime Rock Partners and UBS Energy Investment Banking.

Bill Vlaad, Vlaad & Co.”

MRM