The lobby of National Bank of Canada on King Street in Toronto.FERNANDO MORALES/The Globe and Mail
National Bank Financial has re-envisioned the roles of its managers in equities and investment banking.
Under the new structure, Laurent Ferreira, who heads derivatives, will also oversee equity sales and trading. Greg Thompson, who previously oversaw global equities and investment banking, will now devote all of his time to investment banking.
Sean St. John, who serves as co-head of the fixed income group, has been given extra responsibility for equity capital markets, which now reports to him. Mr. St. John's prominence is growing within the firm, and the promotion means Mark Mulroney, who runs ECM, is now closely tied to a rising executive.
The changes come after NBF last shuffled managers in some of these businesses in the summer of 2013.