Looking to expand its fixed income offerings, Janney hired two managing directors, Kevin Roche and Jeff Miller, and their ten-person team from MPS Fixed Income. The team will focus on underwriting certificates of deposit and structured products.

According to Steve Genyk, head of Janney’s Fixed Income and Capital Markets division, demand for fixed income has been strong this year given the volatility in equities markets, and he expects these new hires to compliment that growth.

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