Scotia Capital has hired New-York-based John Stracquadanio to serve alongside Patrick Blessing as co-head of the global prime brokerage business, the wholesale banking division of Bank of Nova Scotia said Wednesday.

“John Stracquadanio is a welcome addition to our team of experienced professionals in North America, Europe and Asia,” said Robin Plumb, managing director, head, global equity finance, Scotia Capital. “His arrival reinforces our commitment to providing a full-service global securities finance operation through innovative financing solutions to our clients globally.”

Stracquadanio and Blessing will share responsibility for the global prime brokerage strategy, with Blessing leading global client development and Stracquadanio leading global product development.

“We are excited to have John come on board,” said Blessing. “His expertise will assist us in building out a globally competitive platform and demonstrates our commitment to growing our international business.”

“The strength of Scotia Capital as an organization, and its ability to further enhance our prime finance offering in the U.S., Europe and Asia, attracted me to the opportunity,” Stracquadanio said.

IE