How a TD Banker Helped Save an Unlikely Deal for Citgo
Also: The new Equitable Bank CEO is a familiar face
TD’s John Prato helped save Gold Reserve’s bid for US integrated oil and gas company Citgo.
Photographer: Laura Proctor/BloombergWelcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics.
I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about the Canadians behind an unlikely bid to acquire Citgo, new life for Wealth One and how Trump’s trade war is turning some Canadians sour on US stocks. Plus: why new hires are being asked to pledge their loyalty to US investment banks.