TD Securities, the capital markets arm of Toronto-Dominion Bank, shuffled its client coverage as the fiscal year-end comes to a close.
As of November 1, Sante Corona and Andrew Phillips will split coverage of financial institutions and sponsors.
Mr. Corona, who currently heads the bank's equity capital markets group, will now also oversee the investment bank's financial institutions group. Mr. Phillips, who currently heads the bank's real estate coverage, will now also oversee coverage of financial sponsors, as well as the diversified industries team.
Peter Giacomelli is no longer with the bank. He joined TD during the Newcrest Capital acquisition and previously oversaw coverage of income trusts and financial sponsors.
In mergers and acquisitions, TD named David Montanera as a co-head, alongside current head Bill Quinn.