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TD Securities Hires U.S. Treasury Trader Gewirtz From Nomura

Toronto-Dominion Bank, Canada’s second-largest lender, hired Scott Gewirtz, a trader on the U.S. Treasury desk at Nomura Holdings Inc.

Gewirtz will remain in New York and report to Mike Donnelly, head of North American fixed-income sales and trading at the bank’s TD Securities unit, said Laurrell Mohammed, a Toronto-based spokesman for the bank.

Before joining Nomura, one of the 21 primary dealers that serve as counterparties to the Federal Reserve in its open market operations, Gewirtz had worked at as a Treasury trader at primary dealer Credit Suisse Group AG.

Gewirtz had been head of Treasury note and bond trading in New York at Lehman Brothers Holdings Inc. from 2005 until the firm’s September 2008 collapse. He had worked at Goldman Sachs Group Inc. and Deutsche Bank AG.

The hiring was reported earlier by Dow Jones.

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