Janney Capital Markets has appointed Kevin Roche and Jeff Miller to lead the firm’s expansion into the certificates of deposit (CD) and structured product underwriting and origination businesses.
Roche and Miller will be joined by their ten-person team from MPS Fixed Income, with whom they have worked since 2010.
“CD and structured product underwriting are new businesses for Janney, and will be a nice complement to our already strong municipal, corporate, preferred and agency bond underwriting platform,” says Steve Genyk (pictured), head of Janney’s fixed income capital markets. “Although Janney historically has offered CDs and structured products to clients, the expansion into underwriting/origination reflects our overall capital markets growth strategy and deepens our existing product and service offering to both our retail and institutional clients.”
The team will be integrated into Janney’s fixed income capital markets and focus on the origination and secondary market trading of CDs and structured products. They will be located in Philadelphia, New York, Atlanta and Irvine, California, and report to Kevin Reed, managing director, taxable fixed income.