The Deal
Monday, November 23, 
1:21 am

Jefferies hires 25 from Bear Stearns, one from Citigroup

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CDLadderSmall.pngThe Bear Stearns Cos. exodus continues, and the latest beneficiary is Jefferies International Ltd., which beefed up its global equities business, hiring 25 equity sales, sales-trading, trading and research professionals formerly of Bear Stearns' London offices.

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Among those joining Jefferies are Andrew Shortland as head of international equities, Hamish MacLellan as head of international equity sales and Omar Saad as head of international equity trading.

Shortland spent 16 years at Bear Stearns, where he was a senior managing director, head of international equities trading and a member of the firm's management committee. Previously, he spent three years at Morgan Stanley in London and New York. MacLellan was a senior managing director at Bear, where he worked for twelve years. Saad spent five years at Bear and previously spent six years with ING Groep NV in London and New York.

Additionally, equity research analysts Nick Bell and James Shuck join Jefferies to cover the European media and insurance industries, respectively. Bell was most recently a senior managing director and head of European media research at Bear Stearns, where he spent 10 years. Shuck was a vice president at Bear Stearns, where he spent seven years.

Separately, Jefferies hired Mark Fisher as a managing director and head of European technology investment banking, and named Hugh Sandeman head of European telecom investment banking. Fisher was most recently a managing director and head of European technology investment banking at Citigroup Inc., where he worked for eight years.

Before joining Jefferies last year, Sandeman was head of business development for India at the London Stock Exchange plc. Previously, he spent 18 years as an investment banker at Dresdner Kleinwort and Merrill Lynch & Co. in New York, Tokyo, London and Frankfurt. - Baz Hiralal

See press release about the 25 Bear Stearns hires from Jefferies
See press release about tech banking hires from Jefferies
See Dealwatch: Bear Stearns exodus
For more Movers & shakers see The Deal newsweekly's dealmaker section





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