National Bank of Canada reunites heavy hitters for energy push

The new hires are Bruce Calvin, previously chief executive of Calgary-based power exchange the Alberta Watt Exchange (Watt-Ex), and Tim Simard and James Joyce, previously both principals at energy risk management consultancy RiskAdvisory. There are now four NBC energy derivatives staff in Calgary and eight in Houston.

Calvin, Joyce and Simard were founding principals of RiskAdvisory in 1995. Before that, Joyce and Simard ran the Canadian energy derivatives practice for Bankers Trust (now

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