Raymond James has beefed up its energy research team in Calgary, adding a senior analyst before the hard-hit sector mounts a recovery.
The investment bank has hired Jeremy McCrea to cover Canadian mid-cap exploration and production companies.
The move comes 2-1/2 months after Mr. McCrea left AltaCorp Capital Inc. in what that dealer's chairman called "a change in partner philosophy."
Mr. McCrea said he was attracted to Raymond James by the number of top-ranked analysts already on staff there.