Newedge Boosts Bond Team With Senior Hires

Newedge Group has appointed Larry McDonald as a senior director in corporate credit sales.

Newedge Group has appointed Larry McDonald as a senior director in corporate credit sales, The Wall Street Journal reports. He will work under David Blanquart, Newedge’s global head of fixed income. Previously, McDonald was a vice president of distressed-debt and convertible-securities trading at Lehman Brothers. Before that, he co-founded Convertbond.com, a website for information on convertible securities, which was bought by Morgan Stanley.

Click here for the story from The Wall Street Journal.