TRADING UP: KBW Hires Trading Head; Citi Nabs Ryan from Deutsche Bank
08.09.2016Keefe, Bruyette & Woods, a full-service boutique investment bank and broker-dealer and wholly-owned subsidiary of Stifel Financial, named R.J. Grant director of equity trading. Grant joined the firm in 2005 and has spent the last decade on KBW’s equity trading desk, most recently as senior managing director & head of market making. He takes over the position previously held by John Ragan, who retires after 23 years at KBW. Grant started at KBW as a vice president in equity trading and rose through the ranks. He began his trading career at Ryan Beck.
Canadian exchange operator TMX Group appointed Jay Rajarathinam as its new chief information officer. Rajarathinam most recently served as senior vice president, global head of infrastructure, at IntercontinentalExchange’s NYSE Group. Prior to that, he held senior positions at Barclays and Wells Fargo.
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Leonie Ryan will join Citigroup from Deutsche Bank in in its European cash equities business in late September or early October, according to people familiar with the situation. Her job title at Citi has not yet been confirmed. One of Financial News’s 100 most influential women in European finance in 2010, Ryan had only joined Deutsche Bank as its chief operating officer for global equities trading in November 2015. Before joining the German bank, she had been a consultant for four years, having previously held senior roles at Nomura, Lehman Brothers and Goldman Sachs. Her move to Citigroup will reunite her with John Lowrey, who joined Citi as global head of cash electronic execution in July 2015. Ryan and Lowrey worked together at Goldman Sachs, Lehman Brothers and Nomura.
Ryan is the latest high-profile hires by Citi as it seeks to reinvigorate its equities business. Other recent hires have included Murray Roos from Deutsche as global head of sales for equities and prime finance, and Stephen Roti from Nomura as managing director and global head of corporate equity derivatives.
ITG announced that Ayesha Rasheed Boulware is returning to the firm as a director on the U.S. sales team. She will be based in ITG’s San Francisco office. Boulware has nearly two decades of capital markets client service and support experience, serving at ITG from 2000 through 2012 as member of the firm’s client service team. She has done stints at Merrill Lynch, Credit Suisse, Portware and most recently Bloomberg Tradebook.
Doug Rothschild will join hedge-fund marketer Agecroft Partners as president, reporting to founder and CEO Don Steinbrugge. Rothschild will assist in the day-to-day operations of Agecroft, represent the firm and clients to institutional investors, and perform due diligence on potential hedge funds the firm might represent. Rothschild, a market professional with over 20 years of experience in the financial industry, including serving six years on the executive committee of one of the largest hedge funds in the world and over four years as president of a large alternative investment firm which also offered 40 Act funds.
Metamako appointed Kevin Covington as its chief executive officer. With a long career in the fintech industry, Covington has many years’ experience of growing and developing financial technology companies. He was one of the creators of the concept of co-location; in his previous position as CEO of ITRS Group he was instrumental in negotiating the sale of the company to one of the largest technology private equity firms in the world.
J.P Morgan prime brokerage veteran BJ Marcoullier has departed the bulge firm. He first joined the US investment bank in 1994 and went onto manage the firm’s Americas securities lending desk. Marcoullier’s most recent role was head of the North American liquidity and collateral team within JP Morgan’s equity finance division.
The Australian Stock Exchange’s board announced the appointment of Dominic Stevens as its managing director and CEO. Stevens joined ASX as an independent non-executive director in December 2013, serving on the audit and risk committee and a number of ASX’s clearing and settlement boards.
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