Toby Raincock, Shard's chief executive

Wealth and asset manager Shard Capital has announced the expansion of its equity capital markets (ECM) service with the recruitment of a nine-person team from Mirabaud.

The new division, named Tennyson Securities, will be Pav Sanghera, Peter Krens and Tim Hurst-Brown, part of a team who have worked together for more than 15 years. During this period, they raised $15 billion in capital, mostly for small...