Sterne Agee Announces Formation of New Emerging Markets Group
The addition will expand Sterne Agee's Fixed Income Business
NEW YORK, Aug. 15, 2013
NEW YORK, Aug. 15, 2013 /PRNewswire/ --Sterne, Agee & Leach, Inc., one of the
oldest and largest privately-owned investment banking and brokerage firms in
the country, is proud to announce the formation of an Emerging Markets Group
(EM) with the addition of four senior professionals, all of whom previously
Mario Rappoport, Harry Wool, Mike Santiago and David Cortes bring more than 40
years of experience in sales and trading of EM fixed income products around
the world. The team will be based in Sterne Agee's New York office.
"The addition of the EM team is just the most recent example of the Firm's
commitment to expanding our Fixed Income business via product development and
enhanced distribution capabilities," Brant McDuffie, Head of Fixed Income
Rates Division. "We are thrilled to have this group on board; their industry
knowledge and expertise will be a great advantage for Sterne Agee."
Mario Rappoport, Managing Director of Trading, spent time at Bear Stearns and
Jefferies where he was responsible for trading and selling EM products. His
particular focus is in Latin America and Eastern Europe.
Harry Wool, Managing Director of Trading, spent time at Miller Tabak where he
started the EM debt group with focus in Latin America, Eastern Europe, Middle
East, Africa and Asia markets.
Mike Santiago, Senior Vice President of Sales, started the EM group at
Jefferies. He held numerous Senior-level emerging-markets sales roles at
Wachovia Sec, Prudential Sec. and Lehman Brothers.
David Cortes, Senior Vice President of Sales, previously held positions at
various Brazilian institutions, such as Banco BTG Pactual and Banco Itau,
trading and selling Brazilian EM debt to institutional clients around the
About Sterne Agee
Founded in 1901, Birmingham, Alabama-based Sterne Agee is one of the oldest
and largest privately-owned investment banks in the nation. The firm offers
comprehensive financial services to a diverse client base, including
corporations, municipalities and high-net worth individuals. Through its
family of wholly-owned subsidiaries, Sterne Agee custodies over $21 billion in
client assets, and has more than 1,500 employees in 59 offices across 22
states. The Sterne Agee family of companies has prospered for more than 100
years by always putting client interests first and consistently delivering
excellent financial services. Sterne Agee is the trade name used by Sterne
Agee Group, Inc. and affiliates, including Sterne, Agee & Leach, Inc., member
of NYSE, FINRA and SIPC. Visit www.sterneagee.com.
Contact: Peggy Thompson
SOURCE Sterne, Agee & Leach, Inc.
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