Tucker Martin, a former Credit Suisse (SIX:CSGN) banker with a focus on health-care, energy transition, retail and consumer industries, is reportedly set to join TD (TSX:TD) Cowen's US investment banking division, according to a Bloomberg report. The move comes after nearly two decades with Credit Suisse and aligns with the recent trend of personnel shifts within the industry.
Bloomberg said sources close to the matter, who requested anonymity due to the sensitivity of the information, indicated that Martin's appointment could be announced in the coming weeks. While his specific position has not been disclosed, he is expected to report directly to Grant Miller, co-head of global equity capital markets at TD Cowen.
This anticipated move follows the October 2023 addition of Steve Hulce, former head of convertible bond sales at Credit Suisse, to TD Cowen's team. The reunion of Martin and Hulce at TD Cowen signifies a strengthening of the firm's investment banking arm as it continues to attract top talent from major competitors.
TD Cowen has not yet made a formal announcement regarding Martin's role, and representatives from the firm have not commented on these developments. The strategic hires underscore a dynamic period in the banking sector, with seasoned professionals like Martin bringing extensive experience and client relationships to their new roles.
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