New York-based financial services firm Cantor Fitzgerald has expanded it is London office and will hire as many as 100 new investment bankers, traders and other staff as it nearly doubles its size in the U.K., according to several reports.

On Monday, the firm named David Stith as a managing director and head of leveraged finance and financial sponsor coverage.

Stith was most recently a managing director in the leveraged finance group of Merrill Lynch. He previously worked for Bear Stearns and Bank of America.

Cantor has hired more than 125 new staff since Jan 1. A company representative was not immediately available for comment.

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