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The heart of Canada’s financial district at the corner of King and Bay streets in Toronto. (KEVIN VAN PAASSEN/THE GLOBE AND MAIL)
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Small dealers struggle to reach pre-crisis peaks
TIM KILADZE
— The Globe and Mail
Published
Last updated
The carnage from the financial crisis continues to wreak havoc on Canada’s boutique investment banks.
For more than a year there have been reports of the damage, but too often they’ve focused on problems at individual dealers such as GMP Capital and Canaccord Financial, rather than the industry as a whole.