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Hapoalim Opens Miami Desk to Expand Emerging Fixed Income Group

The U.S. brokerage unit of Bank Hapoalim Ltd., Israel’s second largest lender by assets, is opening an office in Miami to expand its emerging market fixed-income team.

Alberto Roque, who previously managed MF Global Holdings Ltd.’s emerging-market unit in Miami, will head the new office, which will focus on selling developing nation bonds to clients in Latin America, according to a statement issued by the bank dated May 16.

Hapoalim also hired Renzo Massa, Andres Cruz and Alberto Tarafa to be based in Miami. Damian Lattuada and Matthew Stapen will join the emerging markets group in New York, according to the statement.

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