Business & Finance
Business and Finance
Business and Finance
Mon, June 6, 2011
Sun, June 5, 2011
Sat, June 4, 2011
Fri, June 3, 2011
Thu, June 2, 2011 
NEW YORK--([ BUSINESS WIRE ])--Gleacher & Company Securities, Inc., a broker-dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced that Gabriel Borenstein has joined the firm as a Managing Director in the Rates Group, reporting to Russell Certo, Managing Director and Head of Rates Sales and Trading.
"Gabe will be an excellent complement to our Rates Group, and is a logical extension of our existing platform which, heretofore, has largely had a domestic focus."
At Gleacher & Company, Mr. Borenstein will be focused on developing relationships with key global financial institutions in Europe. He brings over 20 years of experience in the securities industry, most recently working for Seminole Financial, Jesup & Lamont, and Tradition Asiel Securities Inc.
Mr. Certo said, aGabea™s past experience fits in nicely with existing rates platform initiatives at Gleacher & Company. There is no doubt that Gabea™s international contacts will augment quite well the activity in our rates products which trade globally. I look forward to a great relationship.a
Robert Fine, Head of Gleacher & Companya™s Mortgage Backed/Asset Backed & Rates Group, said, aGabe will be an excellent complement to our Rates Group, and is a logical extension of our existing platform which, heretofore, has largely had a domestic focus.a
About Gleacher & Company
Gleacher & Company, Inc. (Nasdaq: GLCH) is an independent, full service investment bank that provides corporate and institutional clients with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as securities brokerage services, and, through a new subsidiary, engages in residential mortgage lending. For more information, please visit [ www.gleacher.com ].
Forward Looking Statements
This press release contains aforward-looking statements.a These statements are not historical facts but instead represent the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. The Company's forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and demand for the Company's services within those markets and other risks and factors identified from time to time in the Company's filings with the Securities and Exchange Commission. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update any of its forward-looking statements.
