Cantor Fitzgerald Poaches 15-Person Team in Germany Push

Cantor Fitzgerald LP hired about 15 investment bankers and traders in Germany and is looking to open a new office in the country as it seeks to push deeper into European markets.

The New York-based bank, run for decades by Howard Lutnick until he left this year to become US commerce secretary, poached the team of bankers, researchers and equities sales and trading personnel from Frankfurt-based Hauck Aufhäuser Lampe Privatbank AG, known as HAL, according to people with knowledge of the matter.