Jefferies Group this week tapped Clifford Lanier as its new managing director and head of fixed income cross product sales.

Lanier joins the global securities and investment banking firm from Deutsche Bank where he held the title of managing director of fixed income sales and head of generalist sales.

"We are pleased to welcome Clifford to Jefferies," William Jennings and Johan Eveland, global co-heads of fixed income at Jefferies, said in a joint statement. "His experience in cross product sales will make a meaningful and immediate contribution as we continue the expansion of our global fixed income business to better serve clients."

Prior to joining Deutsche Bank, Lanier served as director of Merrill Lynch's fixed income strategic solutions group.

Jefferies' fixed income unit includes more than 500 staffers focused on the sales and trading of mortgage- and asset-backed securities, investment grade corporate bonds, high yield bonds, U.S. and European government and agency securities, municipal bonds, repo finance, whole loans, leveraged loans, distressed securities and emerging markets debt.


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