TD to Name Cowen Leaders as Co-Heads of Markets, Investment Bank

Toronto-Dominion Bank plans to name executives from Cowen Inc. co-heads of its global-markets and investment-banking businesses, pairing them up with current company leaders, when it acquires the American firm next year.

Cowen Co-President Larry Wieseneck will lead the investment-banking unit alongside Tim Wiggan, currently co-head of TD Securities’ global-markets business, according to a memo Wednesday from TD Securities Chief Executive Officer Riaz Ahmed. Cowen Co-President Dan Charney will lead the markets unit, teaming up with Chris Vogel, who’s currently co-leading the business, Ahmed said.

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