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The offices of National Bank Financial in Toronto.

Charla Jones/The Globe and Mail

National Bank Financial is trimming its mining and mergers groups to reflect a slower business climate, letting go a half-dozen bankers.

The departures are at various levels, including one managing director, National Bank confirmed.

With year-end and bonus season upon the Canadian banks, they are adjusting their personnel. That's leading to a steady diet of tweaks and trims across Bay Street.

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NBF has reshaped itself in recent years after acquiring boutique Wellington West Financial. It has elected to compete by positioning itself in a spot that attempts to straddle the gap between the large bank-owned dealers and the smaller boutiques.

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