Broker dealer BTIG has started a fixed income group and hired recently departed executives from UBS and Citigroup. The firm has hired Jon Bass and John Purcell as co-heads of global fixed income.
Bass resigned as head of the U.S. fixed-income group at UBS last week. He had also served as head of all U.S. fixed-income distribution. He was a managing director of corporate sales at Citigroup before joining UBS.