Broadpoint Capital, a broker-dealer subsidiary of Broadpoint Securities Group, hired Frank Gehring as a managing director and global head of rates sales.
Gehring has 27 years of experience in the rates markets as well as extensive relationships in Europe, the Middle East and the United States. Most recently, he was a director at Credit Suisse Group. Before Credit Suisse, Gehring had a 10-year stint at RBS Greenwich Capital Markets as a managing director. Prior to RBS, he worked for five years at the Bank of America as a vice president. He has also held similar positions at CRT Government Securities, Barclays de Zoete Wedd Securities, and Westpac Pollack Government Securities.
We see a tremendous opportunity to serve our clients in the expanding U.S. Treasury and Government agency market, " Lee Fensterstock, chairman and CEO, said. "We are excited to have Frank join Broadpoint in a leadership role and bring his many years of experience to bear in serving our clients across the rates product spectrum.
Frank Gehring is a highly regarded and accomplished rates sales professional, and I'm confident that he will be a huge asset to our Rates platform, said Rob Fine, President of Broadpoints DESCAP division.