Cantor Fitz Moves To Build Muni Service, Hiring Kenny Execs

VENDOR STRATEGIES

Cantor Fitzgerald L.P. plans to develop a municipal bond information service and has hired two top Kenny S&P executives -- Tom Mulrooney and Art Gillin -- to build its muni data business. Kenny moved fast to fill its managerial void, promoting two from within, and wooing Donald Totter from his post as managing director at Knight-Ridder.

Cantor's moves on the muni information business come weeks after some 20 of its muni brokers in New York defected en masse to form a new desk at Tullett & Tokyo

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