Oct. 14 (Bloomberg) -- Jefferies Group LLC, the New York-based investment bank, hired Robert Keller from Deutsche Bank AG as a managing director to trade investment-grade credit, according to three people with knowledge of the matter.
Keller departed Deutsche Bank’s New York office last week, said the people, who asked not to be identified because the move hasn’t been announced. Richard Khaleel, a spokesman for Jefferies, said he couldn’t comment, as did Deutsche Bank spokeswoman Amanda Williams and Keller when reached on his mobile phone.
Jefferies has boosted its assets almost 10-fold and more than tripled its staff to about 3,800 since Richard Handler became chief executive officer in 2001. In March, the firm was acquired by New York-based Leucadia National Corp., its largest shareholder.
The investment bank has focused its hiring in fixed-income, luring traders and salespeople from Wall Street’s biggest lenders. It added high-yield bond trader Brian Zucker in September, who was previously at Barclays Plc, according to records maintained by the Financial Industry Regulatory Authority. Ex-Deutsche Bank credit salesman Michael Curry joined in April as a managing director.
Keller spent almost nine years at Merrill Lynch & Co., then a year at Jefferies before leaving in 2010 for Deutsche Bank, where he was a managing director in corporate-bond trading.
Companies have sold $922.2 billion of investment-grade bonds in the U.S. this year, up from $888.7 billion by this time in 2012, according to data compiled by Bloomberg.
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