StoneX hires Credit Suisse veteran Tom Davitt to head sales of Structured Products

Rick Steves

“Thomas is a highly recognized name in the industry, is well respected amongst his peers, and has an extensive network.”

StoneX Group has hired Tom Davitt as Managing Director of Structured Products Sales, with a principal focus on growing the business within Structured Credit and Structured Products.

As part of his role, he will oversee a variety of clients ranging from money managers, hedge funds, private equity firms, banks, and other entities.

Tom Davitt will be reporting to Matt Kirstein, Managing Director – Head of Agency & Non-Agency Structured Product Sales at StoneX Group.

Managed relationships with top tier institutions for decades

The new hire at StoneX Group is an industry veteran with more than 30 years of experience, having worked in partnership level positions at Prudential Securities. He was most recently at Credit Suisse, serving as Managing Director and concluding a twenty-year tenure at the firm.

In his career, he has been responsible for managing relationships with top tier financial institutions nationwide and trading a full suite of structured credit products.

Robert LaForte, Co-Head of Global Fixed Income at StoneX, commented: “We are honored to have a professional of Thomas’s caliber join our rapidly growing team at StoneX. Thomas is a highly recognized name in the industry, is well respected amongst his peers, and has an extensive network.”

Anthony Dicollo, Co-Head of Global Fixed Income at StoneX, continued, “The addition of Thomas bolsters the strength of the best-in-class team we have assembled as we continue to build out the Structured Credit group at StoneX.”

Tom Davitt, Managing Director of Structured Products Sales at StoneX, added: “I was drawn to StoneX due to their emphasis on client success and the entrepreneurial nature of the business. I am excited to join this industry leading team and cement StoneX as a leader in Structured Credit.”

StoneX launched an institutional credit offering in Asia

StoneX has recently launched an institutional credit offering in Asia that will provide APAC clients with trading and execution advisory services and cross-border facilitation across the entire credit spectrum.

To expand the global debt capabilities of its fixed income group into the Asia-Pacific (APAC) region, StoneX has established a fixed income sales and trading desk in Singapore and has plans to expand to Australia and Hong Kong.

StoneX’s new desk in Singapore will be in charge of unlocking the full potential of the group’s global distribution network, serve clients on a 24-hour basis, and maximize pockets of credit liquidity in times of volatile rates against an adverse macro backdrop.

Read this next

blockdag

Groundbreaking Innovations in BlockDAG’s Keynote 2 Drive Over 1120% Increase; Toncoin & Celestia Prices Rise

Explore BlockDAG’s Keynote 2, detailing the cutting-edge technical advancements that led to a significant presale boom. Discover how these innovations have driven BlockDAG’s success, and get the latest updates on Celestia and Toncoin prices.

blockdag

BlockDAG X1 Beta App Pioneers in Crypto Mining Amidst Ethereum vs Solana Rivalry and XRP Price Increase

Dive into the details of BlockDAG’s X1 beta app’s global tech presence in Shibuya, Las Vegas, and Piccadilly Circus and its pre-sale triumph during a spike in Ethereum, Solana, and XRP values.

blockdag

BlockDAG Hits $50.4M with Active Dev Release & Community Engagement; Binance Coin Price Drops and JasmyCoin Rallies

Explore how BlockDAG bolsters its reputation through a steady stream of Development releases. Get insights on Binance Coin price trends and the recent Jasmy Coin rally.

Crypto Insider

5 Upcoming Crypto for 10x Gains: How $1000 Can Become $10,000

Consider a situation where a $1000 investment may grow to a whopping $10,000. Astute Bitcoin investors have experienced this as a reality rather than a fantasy.

Retail FX

Weekly Roundup: eToro links up with Elon Musk, US crackdown on Russian FX

Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.

blockdag

Must-Watch Top 5 Crypto Picks for Q2 2024 Featuring BlockDAG, Toncoin, Solana and More

Dive into BlockDAG’s meteoric rise and explore other promising altcoins like Pepe, Toncoin, Solana, and Render for superior returns.

Retail FX

Clone of Admiral Markets draws FCA attention

The United Kingdom’s financial markets watchdog today unmasked another fraudulent entity, this time bringing to light a clone firm that has been posing as FCA-‎authorised brand, Admiral Markets UK Ltd.

Digital Assets

Gemini Earn users to recover $2.18 billion in crypto payouts

Cryptocurrency exchange Gemini has agreed to pay $50 million worth of digital assets to investors in its Gemini Earn program as part of a settlement with the New York Attorney General (NYAG), announced on Friday.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: British Pound (GBP) Weakness, US Inflation, Euro, USD June 14 ,2024

British Pound weakens due to lower inflation expectations, potential policy changes from Reform Party, and broader economic concerns.

<