Greenwich Capital Markets to Open Boston Sales Office; New Branch Will Enhance Service and Support to Area Clients

Apr 02, 2001, 01:00 ET from Greenwich Capital Markets

    GREENWICH, Conn., April 2 /PRNewswire/ -- Greenwich Capital Markets, a
 leading fixed income investment banking firm based in Greenwich, CT, announced
 today that it is opening a branch office in Boston.  The office, which will be
 at a location still to be determined, is expected to be fully operational by
 the summer of 2001 and will be devoted to the sale of U.S. government, Agency,
 and mortgage and asset-backed securities (ABS), as well as dollar derivatives.
     In connection with opening the office, Greenwich Capital announced that it
 has hired Jeffrey F. DiModica, CFA, an industry veteran with a decade of
 experience in fixed income securities, to serve as Managing Director and
 Branch Manager for the Boston office.  Mr. DiModica will report to George
 Davala, Managing Director and Head of Mortgage and Asset Backed Sales for
 Greenwich Capital.  Additional sales professionals are expected to be added by
 the time the office opens.  Mr. DiModica will work out of Greenwich Capital's
 Greenwich, Connecticut headquarters until the office is opened.
     Greenwich Capital is a major primary dealer in U.S. government securities,
 and a recognized leader in the sales and trading of Agency and asset-backed
 securities, as well as in the consumer finance and commercial mortgage
 securitization markets.
     "We are very excited to strengthen our presence in this very important
 market with the opening of a Boston office," Mr. Davala said. "The Boston area
 is home to some of the world's premiere investment companies, money managers,
 and banks, and along with the recent expansion of our research capabilities,
 we believe the Boston office will position Greenwich Capital to provide its
 clients in this region with an even greater level of service and support.
 Jeff possesses outstanding experience and a broad knowledge of the fixed
 income markets, and we are delighted that he has accepted the opportunity to
 spearhead the opening and growth of this new office for us."
     Before coming to Greenwich Capital, Mr. DiModica spent nine years with
 Merrill Lynch, where he was a Director with responsibility for the sale of
 U.S. government bonds, derivatives and mortgage-backed securities.  He
 received his Bachelor's Degree from Boston University and earned an MBA from
 The Amos Tuck School at Dartmouth University.
 
     About Greenwich Capital Markets
     Greenwich Capital Markets is a wholly-owned subsidiary of The Royal Bank
 of Scotland. Since its founding in 1981, Greenwich Capital Markets has grown
 from its early roots as one of the first relative value arbitrage trading
 firms to become a unique fixed income capital markets player focused on
 targeted products and markets where the company can leverage its expertise to
 create substantial value for its clients. Greenwich Capital Markets is a major
 primary dealer in US government securities, as well as a distinguished market
 leader in the sales and trading of asset-backed securities, and in the asset
 finance and securitization markets.  For more information, please contact
 Marjorie E. Klein, Vice President and Corporate Communications Manager at
 (203) 618-2596 or visit the website at http://www.gcm.com
 
 

SOURCE Greenwich Capital Markets
    GREENWICH, Conn., April 2 /PRNewswire/ -- Greenwich Capital Markets, a
 leading fixed income investment banking firm based in Greenwich, CT, announced
 today that it is opening a branch office in Boston.  The office, which will be
 at a location still to be determined, is expected to be fully operational by
 the summer of 2001 and will be devoted to the sale of U.S. government, Agency,
 and mortgage and asset-backed securities (ABS), as well as dollar derivatives.
     In connection with opening the office, Greenwich Capital announced that it
 has hired Jeffrey F. DiModica, CFA, an industry veteran with a decade of
 experience in fixed income securities, to serve as Managing Director and
 Branch Manager for the Boston office.  Mr. DiModica will report to George
 Davala, Managing Director and Head of Mortgage and Asset Backed Sales for
 Greenwich Capital.  Additional sales professionals are expected to be added by
 the time the office opens.  Mr. DiModica will work out of Greenwich Capital's
 Greenwich, Connecticut headquarters until the office is opened.
     Greenwich Capital is a major primary dealer in U.S. government securities,
 and a recognized leader in the sales and trading of Agency and asset-backed
 securities, as well as in the consumer finance and commercial mortgage
 securitization markets.
     "We are very excited to strengthen our presence in this very important
 market with the opening of a Boston office," Mr. Davala said. "The Boston area
 is home to some of the world's premiere investment companies, money managers,
 and banks, and along with the recent expansion of our research capabilities,
 we believe the Boston office will position Greenwich Capital to provide its
 clients in this region with an even greater level of service and support.
 Jeff possesses outstanding experience and a broad knowledge of the fixed
 income markets, and we are delighted that he has accepted the opportunity to
 spearhead the opening and growth of this new office for us."
     Before coming to Greenwich Capital, Mr. DiModica spent nine years with
 Merrill Lynch, where he was a Director with responsibility for the sale of
 U.S. government bonds, derivatives and mortgage-backed securities.  He
 received his Bachelor's Degree from Boston University and earned an MBA from
 The Amos Tuck School at Dartmouth University.
 
     About Greenwich Capital Markets
     Greenwich Capital Markets is a wholly-owned subsidiary of The Royal Bank
 of Scotland. Since its founding in 1981, Greenwich Capital Markets has grown
 from its early roots as one of the first relative value arbitrage trading
 firms to become a unique fixed income capital markets player focused on
 targeted products and markets where the company can leverage its expertise to
 create substantial value for its clients. Greenwich Capital Markets is a major
 primary dealer in US government securities, as well as a distinguished market
 leader in the sales and trading of asset-backed securities, and in the asset
 finance and securitization markets.  For more information, please contact
 Marjorie E. Klein, Vice President and Corporate Communications Manager at
 (203) 618-2596 or visit the website at http://www.gcm.com
 
 SOURCE  Greenwich Capital Markets