Gleacher hires McGrath as managing director, distressed/credit trader

By Melissa Kory

Cleveland, April 4 - Gleacher & Co. Securities, Inc. announced that Brian McGrath joined the firm as a managing director and distressed/credit trader in its corporate credit division.

McGrath has more than 23 years of experience in all aspects of the credit markets, according to a news release.

Prior to joining Gleacher, he was a portfolio manager at Viathon Capital. Earlier in his career, McGrath ran the high-yield bond desk at DB Securities Inc.

Gleacher & Co. Securities is a broker-dealer subsidiary of Gleacher & Co., Inc., an independent investment bank based in New York.

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