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Berenberg launches New York trading desk

New York. Berenberg Capital Markets LLC (BCM), a subsidiary of the fast growing privately owned German bank Berenberg, has maintained growth momentum in the US by launching a US Equity trading desk in its New York office. Trading will commence on Monday 21 September 2015 with the ability to execute institutional equity trades in the US & Canada, including ADR’s, as well as European securities via Berenberg Bank.

Led by industry veteran Scott Duxbury, BCM’s trading desk team brings a wealth of experience that will provide high quality service and execution to the company’s institutional client base. Duxbury, who has over 25 years industry experience, joined from Jones Trading in December 2014, and previously held senior roles at Rencap Securities and Merrill Lynch where he worked in Australia, London and the US. He will lead a highly experienced team of six, who have a range of expertise across trading, sales and operations. 

Lars Schwartau who moved to the US in April as Global Head of Trading & Sales Trading from the head office in Hamburg will help develop the US business with major institutional clients. 

Hendrik Riehmer, Managing Partner at Berenberg, commented: “The launch of our trading desk in New York further strengthens Berenberg’s expanding presence in the US and extends our offering to institutional clients. Having opened offices in New York, Boston, Chicago and San Francisco over the last 4 years, this latest development underlines our growing reputation in the region.”

Berenberg offers a range of services in capital markets and asset management for institutional clients in the US. Its award winning research team covers nearly 600 European stocks. Berenberg is the second oldest bank in the world and celebrates its 425th anniversary this year. BCM recently announced that former Bank of America Chief Economist Mickey Levy will act as BCM’s Chief Economist for the US and Asia.

Director Corporate Communication

Karsten Wehmeier
Phone +49 40 350 60-481
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