Barclays taps TD veteran Stephen Stewart as Canada M&A head

Nuvei

09/08/2024 15:25

Aug 9 (Reuters) - Barclays  BARC.L  has hired Stephen
Stewart, an investment banking veteran, from TD Securities to
lead its mergers and acquisition (M&A) execution in Canada, the
British bank said on Friday. 
    Stewart was till recently the managing director for M&A at
TD Securities, where he had an over 15-year long career. 
    The hiring comes at a time when hopes of a soft landing for
the economy and an ebullient market has helped dealmaking find
confidence in 2024, after a downbeat 2023, with a resurgence in
large M&As. 
    Stewart, during his time at TD, advised on several large M&A
deals that included Nuvei  NVEI.TO  being taken private by
Advent and Dream Global REIT's sale to Blackstone  BX.N ,
according to a Barclays statement. 
    Stewart will report to both Canada's investment banking head
Ryan Voegeli and Dan Grabos, head of Americas M&A. 

 (Reporting by Pritam Biswas in Bengaluru; Editing by Shailesh
Kuber)
 ((Pritam.Biswas@thomsonreuters.com;))