The Genuity 9: Meet Danny The TopEighteen high-level employees left the Canadian Imperial Bank of Commerce for Genuity Capital Markets on Dec 16, the day the bank paid its annual bonuses. (Merry Christmas!)
The CIBC is now suing 6 ex-employees for recruiting former colleagues.
One of the six is Daniel Joseph Daviau aka Danny The Top.
Why the moniker? Well, Danny hasn't always been on the wrong side of the law. In 2003, he made it to the Globe & Mail's Top 40 under 40.
- The honorees come from many fields, and from across the country. They include Bay Street hotshots such as CIBC investment banker Danny-Joe Daviau...[blah, blah, blah, blah, blah, blah]...All have inspiring stories.
- Dan Daviau, 39 (MBA/LLB '89)
Co-Head, Investment Banking and Head, Technology, Media and Telecom Investment Banking, CIBC World Markets.
"The Top" has two degrees from York - an MBA and an LLB. He also has two important jobs at CIBC.
As co-head of the investment banking group, he manages 180 people at CIBC World Markets, the leader in equity underwritings (responsible for 35% of all such deals in Canada last year - twice as many as CIBC's nearest competitor). This is his biggest job.
His fun job, as described by The Report on Business, is running the 20-member technology, media and telecom group where "he's part of a fast-paced world where companies grow quickly and really count on good advice from his banker."