Finacorp Securities, Irvine, Calif., has expanded its Minneapolis office and named three vice presidents to its mortgage team in an effort to bolster fixed-income securities coverage for its institutional clients: Mike Weir, Tom Sullivan and Mike Lingvall.
Weir and Sullivan, now both vice presidents in sales and trading at Finacorp, had played roles in founding North American Capital Markets.
All three men at one point worked in the fixed-income area at Dain Rauscher. Among their most recent positions:
Weir worked in Oak Ridge Financial's investment banking department, Sullivan worked with Cronin & Co. as a vice president and MBS trader, and Lingvall led fixed-income private placement trading at Morgan Joseph with a focus on distressed and crossover credits.