Morgan Keegan is looking to make about five new hires for a fixed-income sales office the firm has established in New York. Peter Lozier, who joined the firm last summer to build the New York team, says he is looking for people with established account relationships in any and all of the principal fixed-income product areas. He is open to hiring more than five people, but says that fixed-income sales has been such a profitable occupation over the last couple of years that recruitment has not been easy. Morgan Keegan underwrote some $32 billion in U.S. debt last year, placing it 12th among U.S. investment banks in 2002, according to Bloomberg.
Morgan Keegan Looks To Build Gotham Sales Effort