Stone & Youngberg Hires Peter Scales as Vice President and Sales Manager for the New York Taxable Sales Group.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Stone & Youngberg (S&Y), a fixed-income securities Fixed-income securities Investments that have specific interest rates, such as bonds. firm and one of the largest underwriters of tax-exempt local government debt in the West, announced today that it has hired Peter Scales as the Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → for the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Taxable Sales Group. Mr. Scales will be located in the firm's New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. branch, helping to further the firm's growing national presence. "Peter will be a tremendous addition in our efforts to expand in the Eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Jack Turner, S&Y Managing Director and Head of Taxable Fixed Income. "Peter brings a wealth of experience and is a highly respected sales professional who will make an immediate impact. He will enable the firm to leverage off its municipal underwriting and its Portfolio Strategy Group to grow its customer base nationwide." Mr. Scales brings with him over 30 years of experience in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Prior to joining S&Y, he was Vice President, New York Regional Fixed Income Sales at J.P. Morgan Securities where he developed a successful sales effort in five Mid-Atlantic States and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Prior to that, Mr. Scales was Middle Market sales manager for the New York branch of Banc One for two years before J.P. Morgan's acquisition of Banc One in July 2004. Prior to that, Mr. Scales was with Credit Suisse First Boston's Fixed Income Division, where he focused on fixed-income coverage of Fortune 500 corporations and helped establish a new bank unit. He began his career at Citibank, where he spent 18 years in positions of increasing responsibility, primarily in Institutional Sales. Mr. Scales holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Fordham University in New York City and completed his undergraduate studies in Marketing at St. John's University in Jamaica, New York. Stone & Youngberg is a full service broker-dealer. The firm's taxable fixed-income department provides investor clients with top-flight customer service by maintaining a high taxable trader-to-salesperson ratio. S&Y's taxable investment clients include regional financial institutions, investment managers, insurance companies, and state and local government entities. S&Y offers unique products tailored to meet the firm's individual client needs. About Stone & Youngberg: Founded in 1931, Stone & Youngberg is a full-service financial services firm specializing in fixed-income securities, headquartered in San Francisco, with regional offices in Los Angeles, New York, Chicago, Phoenix, San Diego, Richmond, and Annapolis. As one of the leading underwriters of tax-exempt local government debt, Stone & Youngberg led or assisted with the underwriting of 277 new municipal bond issues with a value of over $4.5 billion in 15 states nationwide in 2005. In addition to underwriting, the firm provides investment services to individuals and institutions and offers a variety of tax-exempt and taxable securities. Stone & Youngberg is a member of NASD/SIPC. Further information is available at www.syllc.com. |
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