Gleacher & Company Securities, Inc., a broker–dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced that Mario Rappoport and Miguel Santiago have joined the firm as Managing Directors in the Emerging Markets Sales & Trading group.
Messrs. Rappoport and Santiago previously worked in the Emerging Markets Fixed Income Sales Group of Jefferies & Co. Together, they have more than 50 years of experience in fixed income sales, trading and investment strategies, and an extensive network of global client relationships.
“We are hiring experienced professionals to facilitate growth in each of our business units, and fixed income is integral to our overall strategy,” said Thomas Hughes, Chief Executive Officer. “Mario and Miguel significantly enhance our emerging markets expertise and capabilities. We are pleased with our progress in executing on our growth plan, which is creating immediate benefits for our clients, and long-term value for Gleacher & Company shareholders.”
Joseph Mannello, Executive Managing Director and Head of Corporate Credit, said, “Mario and Miguel bring to Gleacher & Company a deep product knowledge and strong client relationships. They have successfully marketed emerging markets products to U.S. and Latin American clients throughout their careers. They are great additions to our Emerging Markets Sales & Trading team, headed by Harry Wool, and we welcome them to Gleacher & Company.”
Messrs. Rappoport and Santiago said, “Gleacher & Company has a highly regarded sales and trading team, and we look forward to contributing to the strong growth the firm is achieving in fixed income. We are eager to use our experience in emerging markets, especially Latin America, to identify new opportunities and build the firm’s client relationships.”
About Mr. Rappoport
Mario Rappoport has nearly 20 years of experience in emerging markets, with particular emphasis on Latin America. Most recently, Mr. Rappoport was a Senior Vice President, Emerging Markets Sales at Jefferies & Co., where he was responsible for covering institutional accounts in Latin America, the U.S. and Europe. Previously, he was an Executive Director and partner in Atlas One’s New York office where he was responsible for launching the firm’s emerging markets desk in New York. Prior to that, Mr. Rappoport served in various roles focused on emerging markets sales and trading at Bear Stearns, Standard Bank and ABN AMRO Bank. Mr. Rappoport received a Master of International Affairs with a specialization in International Finance and Banking from Columbia University’s School of International and Public Affairs.