ARLINGTON, Va., May 19 /PRNewswire-FirstCall/ -- FBR Capital Markets Corporation (FBR Capital Markets), a leading investment bank serving the middle market, announced today the addition of new members to its Trading and Sales Trading teams. John Gillin joins as Senior Managing Director and Head of Sales Trading and will be based in the firm's Arlington, Virginia office. Timothy Bricker joins as Managing Director and Head of Sales Trading in San Francisco and Mark Costello as Senior Vice President and Position Trader within Equity Trading in New York.
"We continue to take advantage of opportunities in the marketplace to expand our Institutional Brokerage and enhance our service to clients," said Richard J. Hendrix, President and CEO of FBR Capital Markets. "We welcome aboard these extraordinarily talented professionals, and their expertise and valuable client relationships will further strengthen our Trading and Sales Trading capabilities."
Mr. Gillin, a Wall Street veteran with 22 years of Sales Trading experience, joins FBR Capital Markets from Wachovia Securities where he was a Managing Director and headed its Sales Trading operation. Prior to Wachovia, he was a Managing Director at Deutsche Bank Alex Brown and began his career at Wertheim & Co. Mr. Gillin holds a Bachelor of Arts in economics from The University of Virginia.
With more than 23 years of experience, Mr. Bricker joins FBR Capital Markets from Citigroup where he spent seven years as Head of West Coast Sales Trading. Prior to Citigroup, he held the same position at ING Capital Markets. Earlier in his career, he worked as an equity trader at Columbia Management Company and as a sales trader at Merrill Lynch. Mr. Bricker received a Bachelor of Arts in economics from the University of Oregon.
Mr. Costello joins FBR Capital Markets' Equity Trading team from Citigroup where he was Head of Energy & Utilities Trading and worked for nearly 15 years. At FBR Capital Markets, he will specialize in trading the Integrated Oil, Oil Services and Utilities sectors. Mr. Costello completed a Bachelor of Science in finance at St. Johns University.
FBR Capital Markets Corporation provides investment banking, merger and acquisition advisory, institutional brokerage and research services through its subsidiary FBR Capital Markets & Co. FBR Capital Markets focuses capital and financial expertise on seven industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; insurance; real estate; and technology, media & telecom. Asset management services are provided by FBR Investment Management, Inc., and mutual funds are provided by FBR Fund Advisers, Inc.; both companies are subsidiaries of FBR Capital Markets Corporation. FBR Capital Markets is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States and in London. For more information, please visit http://www.fbrcapitalmarkets.com/.
FBR Capital Markets Corporation
CONTACT: Media, +1-703-469-1004, media@fbr.com; Investors, Bradley J.
Wright, +1-703-469-1080, fbcmir@fbr.com
Web Site: http://www.fbrcapitalmarkets.com/
