NEW YORK--Aug. 17, 2009--
MF Global Ltd. (NYSE: MF), a leading intermediary offering customized
solutions in global cash, derivatives and related markets, has expanded
its Fixed Income business and introduced a new Institutional Sales
group, adding top talent to its already proven team.
“Growing our fixed income business will create growth and revenue
opportunities for MF Global by broadening the depth of our relationships
with current clients, as well as expanding the universe of clients we
attract,” said Bernard W. Dan, CEO, MF Global. “As we pursue primary
dealer status and debt issuance increases around the world, we have been
aggressively expanding our Fixed Income group allowing us to offer our
expertise in an even broader range of fixed income markets and regions.”
“As a global firm with operations in 14 countries and memberships on
more than 70 exchanges and virtually every major clearing corporation,
we’re uniquely positioned to leverage our robust infrastructure to
solidify MF Global’s position as a leader in the fixed income space,”
said Peter McCarthy, global head of Fixed Income at MF Global. “These
fundamental strengths, combined with our predominantly agency-only
business model and commitment to putting our clients’ interests first,
have played an integral part in allowing us to build such a strong team
and attract some of the industry’s top talent.”
MF Global has recently added more than 20 professionals to its Fixed
Income group in New York and London. Some of the new members of MF
Global’s Fixed Income team in New York include the following:
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MacDonald (“Mac”) Budd has joined MF Global as head of Cash Trading.
He previously served as managing director of U.S. Treasury Securities
at UBS AG. Mark Gannon and Michael Marsallo also have joined the Cash
Trading team from UBS AG. Additionally, Rich Bryant has joined the
team as a long bond trader from Citigroup Global Markets Inc.
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Brett Benza has joined MF Global as head of Interest Rate Sales. He
previously served as managing director of Hedge Fund Sales at UBS AG.
Heather Tarrant and Jim Levenson also have joined the Interest Rate
Sales team from UBS AG.
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Michael Wieczorek has joined as the head of Finance and Short-term
Trading. Prior to joining MF Global, Mr. Wieczorek was a managing
director at Nomura Securities, Inc., where he headed the U.S. Dollar
Funding, Repo Trading and Short-dated Interest Rates businesses.
Matthew Troy also has joined the Finance and Trading team to oversee
the Securities Lending business. Previously, Mr. Troy was the director
of Global Debt Finance and Securities Lending at Merrill Lynch & Co
Inc.
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James McHugh has joined as the head of Credit Trading and Sales. He
joins MF Global from RBC Capital Markets Corporation, where he served
as managing director and head of U.S. Investment Grade Credit Sales.
Paul Gallagher also has joined the Credit team from RBC Capital
Markets Corporation. Additionally, Scott Princer and Joe Scellato have
joined the Credit team from Jeffries & Co. Inc.
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Fran LaMantia has joined the Fixed Income team to run the Emerging
Markets business. Previously, he served as managing director at
Cambridge International Securities Inc., where he developed and
implemented the Emerging Market Fixed Income and Trade Finance groups.
Bartholomew Pan-Kita also has joined the Emerging Markets team from
Deutsche Bank AG, where he was a senior member of the Global
Structuring and Portfolio Trading team.
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Kristi DeBriyn has joined the ABS/MBS Sales and Trading team from
Merrill Lynch & Co. Inc. Frank Bruzese also has joined the ABS/MBS
Sales and Trading team from Banc of America Securities.
Additionally, MF Global has added key talent to its Fixed Income team in
London, including the following:
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MF Global has extended the Government Trading & Sales team with the
addition of Andrew Sacre, who has joined as a short-end and money
market products trader. Prior to joining MF Global, Mr. Sacre was the
head of front-office Treasury trading at Dresdner Bank AG, where he
ran the money markets, repo and off-balance sheet products. Andreas
Gianopolis has joined as the head of U.S. Treasury Trading from Nomura
International, where he was manager of the U.S. Treasuries desk.
Additionally, Chris Sayers has joined as head of European Government
Bond Trading from Atom Capitol Ltd.
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David Mudie has joined MF Global as the European head of Fixed Income
Prime Brokerage. He is responsible for developing and building the
firm’s fixed income prime brokerage business in Europe. Mr. Mudie was
previously a senior vice president of the Prime Brokerage Division at
Newedge USA LLC.
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MF Global has also extended the Securities Finance team with the
addition of Jane Robins who has joined as head of Repo Sales. She
previously served as head of Repo Marketing EMEA at UBS AG.
Additionally, Victoria Foster has joined the team to manage the
European stock loan matched book and the client equity financing
business. Ms. Foster joins MF Global from Morgan Stanley & Co.
International PLC.
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James-Scott Wong and Christiane Schuster have joined the Fixed Income
team in London to head the High Yield and Distressed Loans desk. Mr.
Wong joins MF Global from Calyon London, where he built the Crossover
& High Yield trading platform. Ms. Schuster previously served as
managing director and head of European Loan Sales at Lehman Brothers
International Europe, where she was responsible for establishing the
Loan Sales team.
New Institutional Sales Team
MF Global also has built a new Institutional Sales team. Primarily based
in Chicago and New York, the team is dedicated to increasing the share
of existing clients’ business and building the firm’s institutional
investor client base. The Institutional Sales Group includes:
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Eric Eiers, Darrell McConnell, Mark Psaltis and Kyle Unterseher have
joined MF Global as senior vice presidents from UBS Securities LLC,
where they were top producers within the exchange-traded derivatives
business unit.
ABOUT MF GLOBAL
MF Global Ltd. (NYSE: MF), is a leading intermediary offering customized
solutions in global cash, derivatives and related markets. It provides
execution and clearing services for exchange-traded and over-the-counter
derivative products as well as for non-derivative foreign exchange
products and securities in the cash market. MF Global is uniquely
diversified across products, trading markets, customers and regions. Its
worldwide client base includes financial institutions, industrial
groups, hedge funds and other asset managers as well as professional
traders and private/retail clients. MF Global operates in 14 countries
on more than 70 exchanges, providing access to some of the largest
financial markets in the world and is the leader by volume on many of
these markets. For more information, please visit www.mfglobal.com.
Source: MF Global Ltd.
MF Global Ltd.
Media
Tiffany Galvin, 212-589-6280
tgalvin@mfglobal.com
or
Investors
Lisa
Kampf, 212-589-6592
lkampf@mfglobal.com