Gena Custode, formerly Silicon Valley Bank Canada’s vice-president of credit solutions, will join the technology and innovation banking arm of Scotia and its subsidiary Roynat Capital as a director in the credit solutions team. (The Logic)

Talking point: As The Logic reported earlier this month, Scotiabank has scaled up its tech-lending arm by hiring three ex-SVB employees. It’s an opportunity for the team “to absorb some of their DNA, especially on lending to the earlier part of the market,” which will be valuable for the division as it evolves, said David Rozin, vice-president and head of technology and innovation banking. Scotia is trying to pick up some of the slack after SVB’s collapse, which, along with a slump in investment activity, has had the country’s startups worried about the availability of funding at the early, pre-seed and seed stages.