FOR IMMEDIATE DISTRIBUTION
Domenico Crapanzano and Claudio Pinto Join with 15 Others
LONDON and NEW YORK, 19 October 2009 – Jefferies announced today the hiring of Domenico Crapanzano as a Managing Director and Head of European Rates Sales & Trading, and Claudio Pinto as a Managing Director and Head Trader of European Rates. Fifteen additional professionals join Jefferies' Global Fixed Income Rates Business and are based in London and Asia.
Mr. Crapanzano will be responsible for Jefferies' European Rates Sales & Trading business. Mr. Pinto will be responsible for directing the trading of European Government and Agency securities.
In a joint statement, Christopher Bury and Daniel Markaity, Co-Heads of Jefferies' Global Fixed Income Rates Business, commented, "The expansion of this business is a key step in our continued efforts to diversify our fixed income platform and build upon the US primary dealer designation received earlier this year. We are on track to establishing a significant presence in the European Rates space where bond issuance is reaching record levels. We welcome Domenico, Claudio and all of these proven professionals and are confident they will make a strong and immediate contribution to our client offering throughout Europe, the United States and Asia."
David Weaver, President of Jefferies International Limited, added, "We are pleased to welcome Domenico, Claudio and the others to Jefferies. Their product expertise and exceptional experience make them key additions to our group as we continue to build our global fixed income sales and trading platform."
Along with Messrs. Crapanzano and Pinto, the other 15 professionals hired by Jefferies include one managing director and seven senior vice presidents. With these additions the firm's global Fixed Income Department, which has been a significant growth area for Jefferies, now includes nearly 40 professionals in London.
Globally, the firm's broad fixed income effort encompasses more than 400 professionals focused on the sales and trading of investment grade corporate bonds, high yield bonds, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans, leveraged loans, distressed securities and emerging market debt. Jefferies was also designated as a Primary Dealer by The Federal Reserve Bank of New York in June of this year.
Domenico Crapanzano joins from Dresdner Kleinwort, where he was a Managing Director and Global Head of Rates Flow. Previously, he held senior roles on the Rates Trading desk of Bank of America, Barclays Capital and Deutsche Bank. He received an MBA from Columbia Business School and a Laurea in Business Administration from Bocconi University of Milan.
Claudio Pinto joins from Dresdner Kleinwort, where he was a Managing Director and Head of European Rates Trading. Previously, he worked at Barclays Capital, where he was a Director on the European Rates Trading desk and, prior to that, worked at ABN Amro. He received a MSc from London Business School and a Laurea in Business Administration from Bocconi University of Milan.
About Jefferies
Jefferies, a major global securities and investment banking group, has served companies and their investors for more than 45 years. Headquartered in New York City, with offices in more than 25 cities around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com). Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of Jefferies Group, Inc., is authorised and regulated by the UK Financial Services Authority.
For further information please contact:
Tom Tarrant, Jefferies & Company, Inc., 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies International Limited, +44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com
