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Bay Street

The passing of Labour Day and the end of summer usually mean two things on Bay Street: more deals, and more people moving around.

With markets as volatile as they are, the deals are in shorter than expected supply. But the movement of people is definitely picking up.

Casimir Capital, a growing small-capitalization focused securities firm, has lost two bankers from its sales desk.

Jeff Stevens and Lee Bowles, both of whom came to Casimir about a year ago, have departed. Mr. Bowles left a few weeks ago and is now at PI Financial as a vice-president of institutional sales, while Mr. Stevens is heading to MGI Securities.

However, it's not a one-way street out of Casimir's offices, as the firm recently stocked up on the energy side by p icking up bankers who left Wellington West Capital Markets when it was sold to National Bank Financial.

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