Palmeri and Losurdo to lead securities finance for Muriel Siebert & Co
17 November 2020 US
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Siebert Financial has hired Anthony Palmeri and Jerry Losurdo to lead the securities finance group within its broker-dealer subsidiary, Muriel Siebert & Co.
Palmeri joins Siebert from JPMorgan Chase, where he was an executive director, while Losurdo joins from TD Prime Services where he was managing director leading its securities lending and equity finance division.
Palmeri and Losurdo, both based in New York, bring 75 years of combined industry experience which they will use to leverage their expertise and connections as well as the current strength of the division to further drive results, says Siebert.
Of his new role, Palmeri says: “I know our team, alongside the current employees, can make this division an even bigger powerhouse for Siebert. We’re looking forward to continuing Siebert’s growth story and expanding upon the strong foundation that has been built.”
Losurdo adds: “It is exciting to join a securities finance group that has already shown incredible potential and growth. Siebert is an extraordinary firm with an entrepreneurial spirit that understands growth and risk management in today’s competitive world, and we are excited to provide additional leadership and expertise to take this division to new heights.”
Elsewhere, controlling shareholder and board member of Siebert Gloria Gebbia says: “Palmeri and Losurdo and their team are great additions to the Siebert family. This very dynamic team will build upon the success of our current securities finance group, and will be critical to getting it to the next level.”
Palmeri joins Siebert from JPMorgan Chase, where he was an executive director, while Losurdo joins from TD Prime Services where he was managing director leading its securities lending and equity finance division.
Palmeri and Losurdo, both based in New York, bring 75 years of combined industry experience which they will use to leverage their expertise and connections as well as the current strength of the division to further drive results, says Siebert.
Of his new role, Palmeri says: “I know our team, alongside the current employees, can make this division an even bigger powerhouse for Siebert. We’re looking forward to continuing Siebert’s growth story and expanding upon the strong foundation that has been built.”
Losurdo adds: “It is exciting to join a securities finance group that has already shown incredible potential and growth. Siebert is an extraordinary firm with an entrepreneurial spirit that understands growth and risk management in today’s competitive world, and we are excited to provide additional leadership and expertise to take this division to new heights.”
Elsewhere, controlling shareholder and board member of Siebert Gloria Gebbia says: “Palmeri and Losurdo and their team are great additions to the Siebert family. This very dynamic team will build upon the success of our current securities finance group, and will be critical to getting it to the next level.”
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