Last checked at 1 Oct 2010 07:00
AIM: MERC
MERCHANT SECURITIES PLC
("Merchant Securities" or "the Group")
Appointment of Chris Smith as Head of Institutional Broking
Merchant Securities, the financial services group, is pleased to announce the appointment of Chris Smith as Head of Institutional Broking.
This is a newly created role at Merchant Securities and reflects the Board's plans to expand the Group's institutional sales and research capabilities. Chris, who joined Merchant Securities in early September, will be responsible for identifying new growth areas and increasing profitability from existing institutional sales and research activities.
Chris will also continue to focus on establishing Merchant Securities' research capability in the financials sector, where he has extensive experience. He has covered this sector over a period of 20 years, latterly at Jefferies International Limited and Oriel Securities Limited. Chris also worked for HSBC James Capel, where he was the top ranked speciality financials analyst, having spent his early career at Barclays de Zoete Wedd Limited as part of the top ranked UK financials team.
Commenting on the appointment, Chief Executive of Merchant Securities, Patrick Claridge, said,
"We have ambitions to develop our institutional sales and research capabilities and, as Head of Institutional Broking, Chris will play an important role in building our existing capability and developing our product offering. I am delighted to be making this announcement."
| For further information, please contact:
| ||
| Merchant Securities plc Patrick Claridge, Chief Executive | T: 020 7375 9022 | |
| Biddicks Katie Tzouliadis/Sophie Lane | T: 020 7448 1000 |
About Merchant Securities plc
Based in London, Merchant Securities Group plc provides a broad range of financial services to private clients, institutions and companies. Specific services include private client investment and wealth management, institutional sales, research and trading, corporate finance and corporate broking. The Group's principal subsidiary, Merchant Securities Limited, is authorised and regulated by the Financial Services Authority, a member of the London Stock Exchange and an approved Nominated Adviser to AIM companies.Website: www.merchantsecurities.co.uk