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Miller Tabak Hirsch & Co., the full-service boutique best known for its options and futures operation, has acquired a fixed-income boutique, Citation Financial Group, in an effort to build a high-yield trading effort.
Citation, an NASD firm specializing in fixed-income trading, is a seven-employee company run by two former LF Rothschild & Co. senior executives: Robert Schoenthal, who was co-chief executive of Rothschild with Francois Mayer, and Joel Miller, who was chief financial officer of the firm. Schoenthal and...