Cantor Fitzgerald Broker-Dealer May Add 800 Workers
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Cantor Fitzgerald LP, the investment bank with a workforce of about 8,000, plans to add another 800 employees to its broker-dealer in coming years through acquisitions and hiring.
Cantor Fitzgerald & Co., the institutional broker-dealer that employs 1,600, would add workers, Shawn Matthews, the unit’s chief executive officer, said today in a phone interview. The New York-based firm is expanding in asset management and investment banking, looking at regions including South America and Eastern Europe, Matthews said.