This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Gleacher & Company Continues To Expand In Fixed Income

Gleacher & Company Securities, Inc., the broker-dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), announced today that the firm has added Martin Baxter, Thomas Carey, and David Ludlow as Managing Directors, and Joseph Vendemia, Jeffrey Hingst and Stephen Lei as Directors in the MBS & Rates Division focusing on institutional account coverage in mortgage and securitized product sales.

The Gleacher & Company Fixed Income strategy includes a middle market focus, and therefore growing distribution capabilities in key regional markets. Mr. Baxter will be responsible, to that end, for building the MBS & Rates platform in the newly opened Washington D.C. office, and Mr. Carey will do likewise in Boston. Messrs. Ludlow, Vendemia, Hingst and Lei will join the expanding sales team in New York.

Thomas Hughes, Chief Executive Officer, said, “Gleacher & Company continues to recruit highly regarded and talented professionals in each of its core business units. We have transformed our Fixed Income team these past few months by hiring proven industry veterans. We are confident that we are assembling the right team of people to successfully execute our strategy.”

Perrin Arturi and Donald Ullmann, Executive Managing Directors and Co-Heads of the firm’s MBS & Rates Division, said, “Establishing a presence in Washington D.C. and adding depth to our Boston and New York offices accomplishes our goal of opportunistic expansion while strengthening our Fixed Income sales platform. Following the successful performance of our Chicago office under the leadership of recently hired Managing Director, Michael Lanigan, we are confident that there is significant additional opportunity in other key markets. We are pleased to welcome Martin, Thomas, David, Joseph, Jeffrey and Stephen to our team to support our sales efforts and further expand our platform. They bring significant industry expertise and outstanding track records of performance. We look forward to the contributions they will make to Gleacher & Company and to the success of our clients.”

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs