Financial Services

Disrupt or Be Disrupted: Navigating Industry Shifts in Investment Banking

Aug. 28, 2024

Guest: Larry Wieseneck, Vice Chair and Head of Corporate and Investment Banking, TD Securities

Host: Peter Haynes, Managing Director and Head of Index and Market Structure Research, TD Securities

Join Larry Wieseneck and Peter Haynes for a deep dive into the evolving world of investment banking. In this episode, we explore the role of capital in determining market positions, navigating the dichotomy of disruptors versus those at risk of disruption, and the unexpected appeal of traditional sectors in the tech-driven economy. Listen in to gain valuable perspectives on these transformative themes.

Listen to additional episodes for more perspectives from a variety of thought leaders on key themes influencing markets, industries and the global economy today.

This podcast was originally recorded on August 20, 2024.

Full transcript to come.

Disclaimer

This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this recording was obtained from publicly available sources, has not been independently verified by TD Securities, may not be current, and TD Securities has no obligation to provide any updates or changes. All price references and market forecasts are as of the date of recording. The views and opinions expressed in this podcast are not necessarily those of TD Securities and may differ from the views and opinions of other departments or divisions of TD Securities and its affiliates. TD Securities is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this podcast. The information contained in this podcast does not constitute investment advice or an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. Neither TD Securities nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.

Larry Wieseneck

Vice Chair and Head of Corporate and Investment Banking

Larry Wieseneck
Vice Chair and Head of Corporate and Investment Banking

Biography

Larry is Vice Chair and Head of Corporate and Investment Banking, TD Securities. He was Co-President and Head of Investment Banking at Cowen from 2017 until the company’s acquisition by TD Bank Group in March 2023.

Prior to joining Cowen, Larry was COO and Head of Merchant Banking at Roundtable Investment Partners, a Multi-family Office and Registered Investment Advisor. From 1997-2014, he was with Barclays and its predecessor, Lehman Brothers. During the majority of his 17-year tenure, he was the Head of Global Finance and Risk Solutions where he was responsible for the leveraged finance, debt capital markets, loan capital markets, equity capital markets and corporate risk management groups. He also served in a variety of senior roles including Co-Head of Markets and Chief Strategy Officer for the Corporate and Investment Bank.

A passionate supporter of diversity, inclusion and equity, he is currently the executive ally of TD Cowen’s LGBTQ+ employee resource group. Larry serves on the Board of Directors for Echoing Green, an organization that finds emerging leaders with the best ideas for social innovation and invests in the growth of their ideas, their leadership, and their path to lifelong impact.

Larry graduated with a Bachelor of Science from The Wharton School of the University of Pennsylvania and an MBA from New York University Stern School of Business.

Peter Haynes

Managing Director and Head of Index and Market Structure Research, TD Securities

Peter Haynes
Managing Director and Head of Index and Market Structure Research, TD Securities

Biography

Peter joined TD Securities in June 1995 and currently leads our Index and Market Structure research team. He also manages some key institutional relationships across the trading floor and hosts two podcast series: one on market structure and one on geopolitics. He started his career at the Toronto Stock Exchange in its index and derivatives marketing department before moving to Credit Lyonnais in Montreal. Peter is a member of S&P’s U.S., Canadian and Global Index Advisory Panels, and spent four years on the Ontario Securities Commission’s Market Structure Advisory Committee.