Andbank has hired two senior traders from US clearing firm INTL FCStone for its\u00a0Miami team.<\/p>\n
Marcelo Lima and Rodrigo Steiner are set to join\u00a0Andbanc Brokerage, which serves the group\u2019s private banking clients, in mid-September.<\/p>\n
At INTL FCStone they were\u00a0vice presidents of trading leading the Brazilian corporate bonds desk, Andbank said,\u00a0catering to\u00a0family offices, private banks, hedge funds and institutional clients in the US and Latin America.<\/p>\n
In the past, the duo has worked at firms such as Ultralat Securities and Brazil\u2019s Eurovest Securities, among others.<\/p>\n
\u2018[Lima and Steiner\u2019s] knowledge of the Brazilian market fundamentally and their experience forged over many years both in the onshore and offshore markets in LatAm reinforces Andbank\u2019s strategy in the region,\u2019 the firm said.<\/p>\n
In other recent moves, the firm hired two bankers in Brazil and signed a partnership with a local wealth management firm. Andbank also brought on a product development head\u00a0for\u00a0its Mexico team.
\nEarlier this year, the firm said it was looking to grow its Miami assets by 50% to $1.5 billion.<\/p>\n
Andbank\u2019s private bank runs $27 billion in 11 jurisdictions, including $6 billion for non-institutional Latin American clients, the firm said. In total, the Andorra-based firm is present in five Latin American countries.<\/p>\n","protected":false},"excerpt":{"rendered":"
Andbank has hired two senior traders from US clearing firm INTL FCStone for its\u00a0Miami team.<\/p>\n","protected":false},"author":18,"featured_media":10590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,51],"tags":[],"yst_prominent_words":[3257,3237,2978,3243,3241,3245,3230,3047,3249,3240,3254,3247,3239,3258,3252,3256,3244],"class_list":["post-10594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-appointments"],"acf":[],"_links":{"self":[{"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/posts\/10594"}],"collection":[{"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/comments?post=10594"}],"version-history":[{"count":0,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/posts\/10594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/media\/10590"}],"wp:attachment":[{"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/media?parent=10594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/categories?post=10594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/tags?post=10594"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/pre.andbank.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=10594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}