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Investment banker Mike Shuh is joining Canaccord Genuity Corp. to run its financial institutions group.

He will work with investment banking and advisory teams across all regions at Canaccord to provide advice to asset managers, alternative lenders, investment funds and special purpose acquisition companies (SPACs), according to an internal staff memo.

Mr. Shuh is located in Toronto and will report to Pat Burke, the company's president of capital markets in Canada.

Before joining Canaccord, Mr. Shuh led the financial institutions coverage at CIBC World Markets for roughly one year until he left the bank last September. Prior to that role, he headed up CIBC's investment funds group. Mr. Shuh spent a decade in the investment banking division of National Bank Financial until he departed for CIBC in 2008.

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