Industry

Cantor Fitzgerald continued expansion into the fixed income, asset backed securities and structured credit markets in Europe with more than a dozen key new hires in the U.K., Italy, Ireland and Germany.

Charles Schwab opens the doors to its "virtual university" to help RIAs better utilize its technology

Nomura Securities Inc. has hired 44 dealmakers for its North American investment banking operation since January and some of the most recent hires are from Barclays Capital, Credit Suisse and Wells Fargo, according to a memo obtained by IDD Magazine on Tuesday.

Brendan McDonagh, the chief executive of HSBC North America Holdings Inc., is retiring July 31 after winning credit for turning around the global finance giant's operation in the U.S. and Canada, which was hobbled by a troubled consumer lending business it bought before the recession.

The unit of Bank of America hired three executives from City National Bank to expand in California.

MMI Names New Chair, Board Governors

Janney Montgomery Scott will add five people to its fixed income team, including a former MBS trader from LPL Financial.

Morgan Stanley Smith Barney’s battle with Merrill Lynch is heating up as both firms sweeten their recruitment packages.

Marketing is on the mind of the CFP Board of Standards, new leaders at Atlantic Trust and Citi Private Bank, plus more executive changes for this week.

Aiming to strengthen its specialty public finance business, Minneapolis-based Piper Jaffray & Co. continues to expand its coverage with four new hires and two new offices.