Janney expands municipal sales team with additions of Shanahan, Carter

By Toni Weeks

San Diego, June 23 - Janney Montgomery Scott LLC announced it has added Brendan Shanahan and Lauren N. Carter to its municipal sales and trading team. Both will report to Dale Foard, head of municipal sales and trading.

Shanahan, who joins as vice president/municipal trading, will focus his efforts on trading along the curve and continuing to build Janney's institutional business. He has nearly 30 years of experience trading investment-grade municipal bonds and most recently worked for Keybanc. He also held positions with Dean Witter, Oppenheimer, Kemper/Everen, RBC Dain Rauscher and Legg Mason. Shanahan is a graduate of Siena College.

Carter joins the firm as vice president/underwriting and brings 10 years of industry experience, having held municipal sales and trading positions at Commerce Capital Markets, the Vanguard Group and, most recently, TD Securities LLC. A graduate of Drexel University, Carter will be responsible for competitive underwriting in the northeast.

"Brendan and Lauren are two more examples of Janney's ongoing strategic expansion of its Capital Markets business and continued focus on municipal sales and trading," Steve Genyk, managing director and head of fixed income, said in a press release.

The company said it has added 10 high-profile professionals since June 2010 and nearly 20 in the municipal space alone since 2008.

Based in Philadelphia, Janney is a financial services firm that advises individual, corporate and institutional investors.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.