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SWS Group, Inc., a diversified financial services holding company, provides a range of investment and commercial banking, and related financial services to individual, corporate, and institutional investors, as well as broker/dealers, governmental entities, and financial intermediaries in the United States. It operates in four segments: Clearing, Retail, Institutional, and Banking. The Clearing segment provides clearing and execution services for general securities broker/dealers, bank affiliated firms, and firms specializing in high volume trading. The Retail segment offers retail securities products and services, such as equities, mutual funds, and fixed income products; insurance products; and managed accounts. The Institutional segment provides securities lending, investment banking and public finance, fixed income sales and trading, proprietary trading, and agency execution services to institutional customers. The Banking segment offers various banking products and services, including certificates of deposit, money market accounts, interest-bearing demand accounts, savings accounts, federal home loan bank advances, federal funds purchased, and non interest-bearing demand accounts, as well as one to four family residential loans and construction loans, lot and land development loans, commercial real estate loans, multi family loans, commercial loans, and consumer loans. SWS Group, Inc. was founded in 1972 and is headquartered in Dallas, Texas.
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Press Release $SWS SWS Group, Inc.
DALLAS, Dec. 13, 2012 /PRNewswire/ -- Southwest Securities, Inc. has announced that Bob Anderson has joined the firm's taxable fixed income division in Houston, Texas, as Senior Vice President – Institutional Sales.
"Bob's deep knowledge of all taxable product sectors and his proven record of success over more than three decades in the industry make him a perfect fit for Southwest Securities' fixed income division," said Daniel Leland, Executive Vice President and Head of Taxable Fixed Income for Southwest Securities. "As we continue to expand our sales and trading operations across the country, we are proud to welcome Bob to our team."
With more than 30 years of experience in fixed income sales, trading and portfolio management, Mr. Anderson joins Southwest Securities from CRT Capital, LLC where he was a Managing Director focusing on investment grade corporate bonds. In addition to specializing in distressed asset-backed securities, collateralized debt obligations and residential mortgage-backed securities, he has also managed sales and trading operations for regional dealers, and managed mortgage-backed securities trading for a primary dealer bank.
Mr. Anderson studied mathematics at the University of Houston and holds Series 7 and Series 63 securities licenses.
Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, provides securities brokerage, investment banking and securities clearing services to a broad range of individual, corporate, public and industry clients. The firm is a wholly owned subsidiary of SWS Group, Inc. (NYSE: SWS), a financial services holding company whose stock is listed and traded on the New York Stock Exchange under the symbol, SWS.
SOURCE Southwest Securities, Inc.