Bloomberg News

Jefferies Hires Lanier to Head Fixed-Income Cross-Product Sales

June 07, 2011

June 7 (Bloomberg) -- Jefferies Group Inc., the investment bank that’s been expanding since the financial crisis, hired Clifford Lanier to head fixed-income cross-product sales.

Lanier was a managing director in fixed income and head of generalist sales at Frankfurt-based Deutsche Bank AG, New York- based Jefferies said today in a statement. He was also a director in Merrill Lynch & Co.’s fixed-income strategic solutions group, according to the statement.

Jefferies has been building its fixed-income business by hiring employees from UBS AG, Deutsche Bank and Morgan Stanley this year. The firm hired Jerome Doyle from UBS as a managing director in its municipal-securities trading unit. Jefferies also added Sean George and Richard Roche, from Deutsche Bank and Morgan Stanley, respectively, as managing directors and senior traders in its investment-grade corporate-bond business.

Lanier’s “experience in cross-product sales will make a meaningful and immediate contribution as we continue the expansion of our global fixed-income business,” William Jennings and Johan Eveland, global co-heads of fixed income, said in the statement.

--Editors: William Ahearn, Peter Eichenbaum

To contact the reporter on this story: Laura Marcinek in New York at

To contact the editor responsible for this story: David Scheer at

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