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Cantor Fitzgerald to create 100 new jobs in its UK operations

US BOND trader Cantor Fitzgerald has unveiled plans to create 100 jobs in its UK investment banking operations. <br /><br />Chief executive Shawn Matthews said that the company is seeking to exploit the disappearance of rivals from the middle tier of the sector.<br /><br />&ldquo;We&rsquo;re looking to build out a global footprint that&rsquo;s already in place and looking at it from the investment banking standpoint,&rdquo; he said.<br /><br />The new jobs will be created at its London office, which already employs 150 people, and will be in institutional broking, trading and investment banking.<br /><br />&ldquo;In the past, there were some great firms in the middle tier that were highly-profitable. We think we are going back to that day and age,&rdquo; Matthews added.