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Published on 10/30/2006 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

BNY Capital Markets opens office with high-yield, distressed securities focus

By Angela McDaniels

Seattle, Oct. 30 - BNY Capital Markets, Inc. has opened a new office in New York that specializes in high-yield and distressed securities, according to a company news release.

The office is part of BNY Capital Markets' fixed-income sales, trading and research unit, which is based in Roseland, N.J., and focuses on high-yield, investment-grade, convertible and distressed debt .

"BNY Capital Markets is looking to expand its sales effort in both our New York and New Jersey offices," according to Joe Mannello, the managing director responsible for the unit.

The new office is located at 570 Lexington Avenue.


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