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Stone & Youngberg grows taxable fixed income group

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Financial services firm Stone & Youngberg has added Adam Santee to its taxable fixed income group’s New York-based team as a vice president.

Financial services firm Stone & Youngberg has added Adam Santee to its taxable fixed income group’s New York-based team as a vice president.

This is the fixed income group’s 15th new hire in just over a year.

‘As we continue to grow our business in the Northeast, Adam’s expertise and regional market knowledge will be of great benefit to the firm,’ says David Clifford, a managing director in Stone & Youngberg’s taxable fixed income group.

Santee was previously an associate in the institutional fixed income sales group at Merrill Lynch Bank of America, where his primary focus was on structured product sales and interest rate derivatives. Prior this, he was an analyst at M&T Securities.

Stone & Youngberg, founded in 1931, is one of the oldest private investment banks operating in the US. The firm offers underwriting, advisory and investment services across the country to state and local governments, non-profit organisations, and institutional and private investor clients.

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