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Harris Nesbitt Continues to Build its High Yield Group with Key Hires in Sales & Trading  

Harris Nesbitt, a leading mid-market investment and corporate bank, today grew its commitment to its High Yield line of business with the hiring of three sales and trading professionals in New York.

Karen Foresta, George Wehrlin and James Chiriaco join a strong, high yield sales and trading team reporting to Paul Phaneuf, Managing Director and head of Harris Nesbitt’s High Yield Sales and Trading Group. 

“Karen, George and James bring considerable high yield experience to Harris Nesbitt and they will have an immediate positive impact on our business,” said Mr. Phaneuf.  “High Yield remains a major focus for Harris Nesbitt, and we will continue to grow our business in response to our clients’ needs.”

About the new team members:

·         Karen Foresta, Managing Director, has more than 20 years of Wall Street experience.  She worked previously with Scotia Capital where she was a Director on its High Yield desk.  Previously, she had been a Director and founding member of the High Yield department at Credit Lyonnais Securities. 

·         George Wehrlin, Vice President, has more than 20 years of experience in the sale of high yield securities.  He worked previously for Fleet Securities, where he was Vice President and Senior Salesman. 

·        James Chiriaco, Vice President, has worked in High Yield sales for more than 12 years, primarily with Prudential Securities and Bear Stearns. 

About Harris Nesbitt
Harris Nesbitt is an investment and corporate bank offering clients access to a full range of products and services including investment and corporate banking, treasury services, market risk management, institutional investing and research. Headquartered in Chicago, Harris Nesbitt is part of Harris, an integrated financial service organization providing more than 1.5 million personal, business, corporate and institutional clients with banking, lending, investing and financial management solutions. Harris is a member of BMO Financial Group (NYSE, TSX: BMO). For more information, please visit www.theharris.com.

Harris, Harris Private Bank and Harris Nesbitt are trade names used by various financial service providers in the BMO Financial Group, a marketing name used by Bank of Montreal. Banking products and services are provided by Harris Trust and Savings Bank and its bank affiliates. Members FDIC. Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc (HBIS). Securities are provided by Harris Nesbitt Corp (HNC), a registered broker dealer, member NYSE, NASD and SIPC and Harrisdirect LLC (Hd), a registered broker dealer, member NASD and SIPC. HBIS, HNC and Hd are wholly owned subsidiaries of Harris Financial Corporation. Products offered by HBIS, HNC and Hd are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or Guaranteed by Any Bank or Bank Affiliate, May Lose Value. The purchase of insurance or an annuity is not a condition on any bank loan or service. Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blaney, Inc. , an SEC registered investment advisor. Family office services are provided by Harris myCFO, Inc. Investment advisory services are also offered by Harris myCFO Investment Advisory Services LLC, an SEC registered investment advisor and a wholly-owned subsidiary of Harris myCFO, Inc. Not all products and services are offered in every state and/or location.

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