Gleacher & Co. Securities, a broker-dealer unit of Gleacher & Co., has hired Brendan Keane and Robert Miller as managing directors in the MBS and rates division where they focus on structured products.
Keane and Miller will both be based in Gleacher & Co.'s New York office.
Keane was previously at CoreLogic where he was a senior vice president and national accounts director. At the data firm, he was a member of the advisory data valuation group, which offers capital markets and mortgage-related services and solutions to investors, originators and servicers.
Before CoreLogic, Keane was a managing director and co-manager of the U.S. asset finance group at Credit Suisse Securities. He was also a senior member of the Credit Suisse specialty finance investment banking practice and led the bank’s real estate-related asset finance efforts. Prior to Credit Suisse, he was a part of Prudential Securities’ fixed income and investment banking departments, where he supervised its real estate ABS securitization group. Keane was also previously a senior RMBS ratings analyst at Moody’s Investors Service and a corporate associate at the law firm Milbank, Tweed, Hadley & McCloy.
Meanwhile, Miller has over 20 years of experience and had a three-year stint as an independent financial consultant and contractor for financial institutions focusing on asset disposition strategies for his clients. Previously, he worked as a Senior RMBS/ABS trader at Genworth Investments where he managed a multi-billion dollar RMBS/ABS book with emphasis on non-prime residential mortgages, consumer asset-backed securities (auto, equipment, cards, etc.) and esoteric products. From 2000 to 2008,Miller was an executive director in home equity trading and mortgage securitization at JPMorgan Chase. He was also formerly an independent contractor to FGIC (GE Capital). Miller started his career in the fixed-income arbitrage desk at Bankers Trust.
"We continue to grow our core competencies, capitalizing on hiring opportunities in the mortgage-backed securities and credit markets," Thomas Hughes, chief executive officer, said. "As we expand our presence, capabilities and client offerings, we remain committed to our trusted advisor role with clients, and creating value for our stockholders."
"We are pleased to welcome Brendan and Robert, and we are confident that they will contribute to the growth and success of Gleacher & Co.," George Smith, managing director and head of MBS and rates trading, said. Both Brendan and Robert are innovative practitioners with diverse experience in trading, structured finance and advisory that will be invaluable to Gleacher & Company and our clients."
The firm's MBS and rates unit offers structured finance, research, sales, and trading services on a wide range of MBS and ABS, U.S. Treasury and government agency securities, structured products such as CLOs and CDOs, whole loans, and other securities.