European Equities Desk - New York

22 February 2011

Collins Stewart is pleased to announce the recruitment of Sophie Panzner to the European Equities desk in New York.

Sophie will join Rory Macfarlane, who is now head of the team, Philip Roentgen and Adam Neves on sales.

Sophie was previously at Liberum, and has strong relationships with a large number of US institutions, bothlong only and hedge fund, many of which are incremental to those covered by the team currently. She willstart as soon as possible, but no later than early May.

Following the reorganisation of the desk earlier this month, Sophie's recruitment is a strong illustration of thecommitment to our European equities franchise in the US market, where we see very material opportunitiesto grow revenues and profitability.

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