NEW YORK, Feb. 5, 2015 /PRNewswire/ --Cantor Fitzgerald & Co, a leading financial services firm, today announced the expansion of its Mortgage-Backed Securities (MBS) sales and trading team with the appointment of Brendan Donnelly and Mohil Gupta as Managing Directors. Messrs. Donnelly and Gupta, who are joining from Bank of America Merrill Lynch, will focus on strengthening relationships with institutional clients across securitized products. They will be based in New York and report to John Baldo, Global Head of Fixed Income Sales at Cantor Fitzgerald.
"I am very excited to welcome Brendan and Mohil to Cantor. Our distribution platform is among the largest and most expansive in the industry, and these hires reinforce our continued effort in growing our fixed income business and distribution in all product areas," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. "Brendan and Mo have a deep understanding of the MBS market and we look forward to drawing on their expertise and strong client relationships."
Mr. Baldo added, "Brendan and Mohil have built a strong reputation in the industry and we look forward to leveraging their insight, experience and existing relationships. They are a perfect fit for the team, and we expect them to add tremendous value to our customers."
Mr. Donnelly previously served as Vice President of Global Structured Products Sales at Bank of America Merrill Lynch. Prior to this, he held a number of senior positions at Annaly Capital, JP Morgan, and Bear Stearns. Earlier, Mr. Donnelly was an officer in the U.S. Army. Mr. Donnelly holds a B.S. in Management and Engineering from West Point and an M.B.A. in Finance from the University of Rochester.
Mr. Gupta most recently served as Vice President of Global Structured Products Sales at Bank of America Merrill Lynch. Before this, he traded and structured on the Agency CMO desk at Bank of America Merrill Lynch. Mr. Gupta holds a B.S. in Finance and Marketing from New York University.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services group at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate finance and for its global distribution platform. Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees serve clients through over 35 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.
Note to Editors: Cantor Fitzgerald, L.P., led by Chairman and Chief Executive Officer Howard W. Lutnick, is the parent entity of Cantor Fitzgerald & Co., led by Chief Executive Officer Shawn P. Matthews.
SOURCE Cantor Fitzgerald