Bay Street investment bank Eight Capital winding down operations, top producers to join Stifel Canada

Bay Street investment bank Eight Capital winding down operations, top producers to join Stifel Canada

Partnership committee votes to close firm, execution of trade orders ceased

Eight Capital Closes Its Doors as Top Executives Transition to Stifel Canada

Investment dealer Eight Capital has announced plans to wind down its operations, marking a significant shift in Canada’s investment banking landscape. The decision, made by Eight Capital’s partnership committee, was confirmed yesterday and comes amid ongoing challenges in the speculative industries the firm has long served. Eight Capital, formerly known as Dundee Capital Markets, has been a player in sectors such as cannabis and junior resources…