Broadpoint Capital Expands Debt Capital Markets Division
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Brian Zucker Named Managing Director NEW YORK--(Business Wire)-- Broadpoint Capital, Inc., a broker-dealer subsidiary of Broadpoint Securities Group, Inc. (NASDAQ: BPSG), today announced that Brian Zucker has joined the firm as a Managing Director in the Debt Capital Markets division. Brian Zucker joins Broadpoint with 14 years of experience trading high yield /distressed securities, most recently at Deutsche Bank Securities Inc. where he was head of high yield cash trading. Prior to Deutsche Bank, he was a Vice President of high yield trading at Goldman Sachs from 2002 until 2005. Prior to Goldman Sachs, Brian was an associate high yield and corporate bond trader at BancBoston Securities, Inc. and Lehman Brothers, respectively. Brian earned his B.A. degree in economics from Emory University and an MBA in finance from the University of Chicago Graduate School of Business. "We are excited to have a professional with Brian`s track record of success join our firm and complement our growing debt capital markets franchise," said Lee Fensterstock, Chief Executive Officer. "Brian`s trading skills as well as his strong customer relationships make him a great fit for us," said Joe Mannello, head of Debt Capital Markets About the Company Broadpoint Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets, Investment Banking and Broadpoint DESCAP divisions of Broadpoint Capital, Inc., its Equity Capital Markets subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit www.bpsg.com. Forward Looking Statements This press release contains "forward-looking statements." These statements are not historical facts but instead represent the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. The Company's forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and acceptance of the Company's services within those markets and other risks and factors identified from time to time in the Company's filings with the Securities and Exchange Commission. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update any of its forward-looking statements. Investors: Broadpoint Securities Group, Inc. Robert Turner, 212-273-7109 Chief Financial Officer or Media: Halldin Public Relations Ray Young, 916-781-0659 ray@halldinpr.com Copyright Business Wire 2009
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