TD Hires Former Barclays Activist Defense Banker Daniel Kerstein

TD Securities hired former Barclays Plc veteran Daniel Kerstein to lead its structuring solutions and shareholder advisory practice.

Kerstein, who’s based in New York, is joining as a managing director on the firm’s mergers-and-acquisitions team, according to memo to staff sent by global investment-banking co-heads Parker Weil and Geoff Bertram.

His role is “designed to enhance our M&A effort supporting and building C-suite and board-level strategic dialogue,” Weil and Bertram wrote. Kerstein will focus on the areas of “highest strategic concern for corporates, such as portfolio optimization, share price drivers, shareholder advisory, and raid and activism defense.”

Kerstein, who ...