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Investec hires 14 from Canaccord after rival’s UK cutbacks

Canadian bank has been letting staff go because of Brexit's impact on its UK business

Investec has recruited 14 employees from Canaccord Genuity in London, two months after the Canadian bank revealed it was making deep cuts to its UK workforce due to Brexit uncertainty.

Investec has appointed Canaccord’s team of researchers, bankers and sales and trading staff covering investment companies. It is led by David Yovichic, who has worked at Canaccord since 2008.

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