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Toronto's Bay Street financial district.
Toronto's Bay Street financial district.
(Tim Fraser For The Globe and Mail)

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Clarus adds two bankers, betting on rebound

Clarus Securities clearly buys into the notion that you build boutique securities firms in bear markets, when people are on the move and their expectations are moderated on the pay side. The firm is adding two more investment bankers, bulking up in mining and technology, at a time when some other firms are struggling with too many mouths to feed.