Firm Adds Senior Hires to Sales and Trading Team in New York
BTIG announced that Seth Bernstein and John Toland have joined the firm’s Fixed Income Credit unit as Managing Directors. Both sales and trading credit specialists will be based out of the firm’s New York office, and report into Darren Haines, Managing Director and Co-Head of Fixed Income Credit, at BTIG.
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“With their deep understanding of the market and strong client relationships, we believe that they will have an immediate impact on the growth of our business.”
At BTIG, Mr. Bernstein will be focused on building out the firm’s trading capabilities across all credit products, while Mr. Toland will be tasked with expanding credit sales across high-yield bonds and leveraged loans. “Seth and John are tremendous additions to our credit platform,” said Mr. Haines. “With their deep understanding of the market and strong client relationships, we believe that they will have an immediate impact on the growth of our business.”
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Mr. Bernstein has held several senior credit trading roles throughout his career. Prior to BTIG, he was a Senior Vice President within Fixed Income Credit at HSBC. Previously, Mr. Bernstein was a Managing Director within High-Yield Credit at Stern Agee. Earlier in his career, he held similar roles at RBS and Morgan Stanley. Mr. Bernstein earned a BS in finance from the State University of New York at Binghamton.
Mr. Toland has thirty years of credit sales trading experience, where he has primarily focused on high-yield, bonds and leveraged loans. Prior to BTIG, he was a Managing Director within Leveraged Finance Distribution at several firms including Mizuho, Nomura, RBS, Bank of America and UBS. Mr. Toland earned a BA in government from Wesleyan University.
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