Cantor Fitzgerald Europe has expanded its European credit fixed income team with the appointment of Franz Bucher as managing director in London.
Bucher will focus on high yield, distressed debt and special situations, and on expanding Cantor's presence in German-speaking markets.
"We are pleased to welcome Franz to the Cantor team. As a seasoned professional, his deep industry knowledge and long-standing client relationships add immediate value to our European Credit fixed income team, which is an important growth area for our firm," says Shawn P Matthews, chief executive officer of Cantor Fitzgerald & Co. "We have been aggressively expanding our franchise in Europe and strengthening our global distribution platform to better serve our clients' evolving needs in key markets."
Bucher joins Cantor from the Austrian Raiffeisen Bank International (RBI), where he served as a senior director overseeing the company's work out activities in financials and sovereigns. Earlier, he oversaw RBI's credit opportunity desk, managing trading activities in high yielding bonds, loans and credit derivatives.