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Published on 3/18/2014 in the Prospect News Investment Grade Daily.

Pierpont adds two senior corporate bond traders, one credit salesperson

By Tali Rackner

Norfolk, Va., March 18 - Pierpont Securities LLC hired Stephen L. Haas and John C. McCarthy as senior corporate bond traders working out of the New York office and Joseph G. Daher II as a credit salesperson in San Francisco, the company announced in a press release.

Haas is a bank and finance trader who joins from RBC Capital Markets, while McCarthy is a seasoned short-end trader who joins from Susquehanna, having also spent time at FTN Financial and Spear, Leeds & Kellogg.

Daher was most recently with Jefferies and has had a nearly 30-year career in institutional sales.

"The addition of Steve and John's nearly 40 years of combined success and profitability, along with Joe's strong relationships and experience, will have great impact as we continue to focus on growing our platform," Michael Tropeano, head of Pierpont's investment grade trading desk, said in the release.

Pierpont is an SEC-registered broker-dealer based in Stamford, Conn.


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