Piper Sandler Bolsters Fixed Income Team with the Addition of Ryan Hallam
Piper Sandler Companies, a prominent investment bank, has announced the hiring of Ryan Hallam as a managing director and co-head of high-yield trading on their fixed income team. With his expertise in high-yield municipal sales and trading, Hallam will primarily focus on serving large institutional accounts. His addition to the team comes as Piper Sandler aims to expand its market share in the municipal industry.
Despite achieving a return on average invested assets (ROI) of 4.7% in the fourth quarter of 2023, Piper Sandler Companies falls below its average return on investment, which stands at 9.56%. The ROI experienced a decline compared to the third quarter of 2023, even though there was a growth in net income during this period.
Within the Financial sector, there are 74 other companies that have achieved a higher return on investment than Piper Sandler Companies. However, it is noteworthy that Piper Sandler’s overall ROI ranking has improved in the Dec 31, 2023 quarter, moving up to 946 compared to the total ROI ranking in the third quarter of 2023, which was 1008.
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