Cantor Fitzgerald & Co. Announces the Appointment of Al Milano to Head Mortgage Sales in New York

NEW YORK, May 17, 2012 /PRNewswire/ -- Cantor Fitzgerald & Co. announced today that industry sales veteran Al Milano has joined as Senior Managing Director and Head of Mortgage Sales in New York.  Mr. Milano, formerly with Salomon Brothers, will oversee and execute the firm's mortgage sales strategy while ensuring the continued delivery of excellent service to Cantor's clients.

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Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co., said "Al's extensive leadership experience and strong sales focus ensure that he is the right individual to help us capture even greater market share of the mortgage business across the U.S. As we build out our mortgage sales and trading efforts, we will continue to aggressively hire seasoned professionals with the depth of knowledge and industry expertise that will be instrumental in the ongoing success of our business."

Mr. Milano has more than 30 years of experience in mortgage sales. Before joining Cantor Fitzgerald, he served at Salomon Brothers as a Managing Director and as a Managing Director in the Global Fixed Income Sales Division at Citigroup, where he was responsible for overseeing third party distribution and middle market sales for fixed income.

About Cantor Fitzgerald
Cantor Fitzgerald, a premier global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 65 years. Cantor is a preeminent capital markets investment bank serving more than 5,000 institutional clients around the world in institutional equity and fixed income sales and trading and  is recognized for its strengths serving the middle market with investment and merchant banking services, prime brokerage, and commercial real estate financing. Cantor Fitzgerald also is a leader in new businesses and marketplaces including gaming technology, e-commerce, and other ventures. Cantor Fitzgerald & Co. is one of 21 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,400 employees serve clients through over 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.

Note to Editors: Cantor Fitzgerald, L.P. is the parent entity of Cantor Fitzgerald & Co.

SOURCE Cantor Fitzgerald & Co.