Individuals Strikes Monday: Jefferies, Marex and Stifel

Jefferies appointed Joram Siegel as managing director, head of mounted earnings outsourced buying and selling. Siegel joined Jefferies from Marex, the place he spent the final 4 months serving as head of mounted earnings outsourced buying and selling. He joined Cowen as managing director for mounted earnings outsourcing in February 2022, transitioning to commodities specialist Marex as a part of the sale of Cowen’s outsourced buying and selling and prime brokerage enterprise on the finish of final yr. Beforehand in his profession, Siegel served as head of European credit score gross sales and buying and selling at MUFG, in addition to head of funding grade credit score buying and selling at RBC Capital Markets. Different earlier tenures embrace credit score buying and selling roles at each Barclays Funding Financial institution and Credit score Suisse.

Changing Siegel, Marex appointed John Orrock as head of mounted earnings outsourced buying and selling at Marex, alongside a number of different senior appointments within the division. Orrock takes up the mounted earnings reins after having served as managing director since February 2022, previous to the spin-off of the outsourced enterprise from Cowen. Previous to becoming a member of Cowen Worldwide in 2022, Orrock was head of rising markets and outsourcing at Aurel BGC and earlier than that labored as a dealer at BlueBay Asset Administration for greater than 17 years. He has additionally held senior roles at Martin Worldwide Securities and Tullet & Tokyo Securities.

Alongside Orrock’s new position, Ron Catena was named director, mounted earnings outsourced buying and selling, becoming a member of from JP Morgan Asset Administration, the place he most lately served as government director, rising markets mounted earnings. Catena has three a long time of expertise in monetary companies together with a wealth of buy-side buying and selling experience having beforehand held senior positions at varied corporations, together with: Vandham Securities, First New York Securities, Securevest Monetary Group/GCP, Santander Funding, Donaldson, Lufkin & Jenrette, and Morgan Stanley. 

Marc Wanner was named director, international low contact execution companies at US funding financial institution Stifel, following 9 years at Morgan Stanley. Zurich-based Wanner most lately served as government director – fairness gross sales buying and selling at Morgan Stanley. Throughout his tenure on the agency, he was a member of the institutional fairness gross sales and buying and selling desk in Europe for international fairness money circulate, in addition to main and implementing the primary execution service desk (ESD) on the continent for Morgan Stanley. Wanner has greater than a decade of expertise in international fairness gross sales buying and selling, having additionally beforehand labored at UBS, in roles together with director, fairness gross sales buying and selling – rising markets and Asia Pacific.