Two high yield salesmen have returned to R.W. Pressprich & Co. after a brief stint of less than one month at Maxcor Financial. John Driscoll and Robert Griener returned to R.W. Pressprich in recent weeks, shortly after they had left the firm to join Maxcor. Griener declined to comment and Driscoll did not return calls by press time. Steve DiTursi, managing director in charge of sales, trading and research at Maxcor, also declined comment.
However, DiTursi did say that Maxcor continues to expand its corporate bond institutional department (BW, 3/12) and recently hired Caesar Silvestro as a credit strategist for high yield and cross-over credits. Silvestro comes from IDEA Global, where he was a senior credit derivatives analyst.