US Boutique Heads to Mexico

BCP Securities has opened a Mexico office, through a JV with local partners, the US-based boutique says. The independent broker-dealer and investment bank primarily focused on EM bonds will partner with Hector Rangel, Anthony McCarthy and Maria del Carmen Arreola – all three coming from senior roles at Banomext and Nafinsa. Rangel is to be president of BCP Securities Mexico. BCP has offices in Sao Paulo and Rio de Janeiro, in addition to LatAm focused staff at its US headquarters.