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Gleacher brings in veteran as trading chief

Gleacher & Company Securities, a broker-dealer subsidiary of Gleacher & Company, has brought in Richard R. Baxter, a veteran fixed-income trading and portfolio management professional, to be managing director and head of agency trading, based in the firm's New York headquarters. Baxter joins from Cabrera Capital Markets, where he served as managing director and head of taxable fixed income trading. Also recently joining Gleacher & Company as managing directors are Gabe Borenstein, Christopher Owens, Daniel Baffoe and Jason Walsh.

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