Osprey Capital Partners Inc. hired Paris Aden, a former mergers-and-acquisitions director at Royal Bank of Canada’s RBC Capital Markets unit, as a partner, according to Vlaad & Co., a Toronto-based financial services recruiting firm.
Potash Corp. of Saskatchewan Inc.’s decision to cut 18 percent of its workforce and reduce capacity probably foreshadows similar actions by North American rivals amid a price war in the $20 billion global potash market.
Justin Oliver, former head of institutional equity sales at Fraser Mackenzie Ltd., joined Bank of Montreal as vice president of institutional sales, exchange traded funds, according to Vlaad & Co., a Toronto-based financial services recruiting firm.
The Treasury’s sale of $13 billion of inflation-indexed notes attracted the strongest demand since 2011 from a group of investors that includes pension funds and insurers, as improved economic growth prospects sparked demand for protection against rising consumer prices.
Treasuries dropped, pushing 10-year note yields up for the third week this month, on speculation minutes of the Federal Reserve’s policy meeting indicated the bank may trim debt purchases by the end of the year.
Most Swiss stocks slipped, after falling the most in three weeks yesterday, as investors awaited reports on U.S. retail and housing data to gauge the health of the world’s biggest economy before minutes from the latest Federal Reserve meeting.