Seymour Pierce Appoints New Chief

Seymour Pierce has named Phillip Wale as its new CEO, Financial Times reports. Keith Harris, who was both CEO and executive chairman, will retain his executive chairman role.

Wale was most recently head of equities at the U.K. stockbroker. Previously, he served as head of trading and proprietary risk at Collins Stewart and has also worked at Lehman Brothers and Goldman Sachs.

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