Securities Lending Professional
About Dennis Palmeri
For nearly two decades, Dennis Palmeri Jr. has operated in buy and sell sides of the securities lending industry. Based in Manhattan, he has served as a managing director with Ramius Securities, CIBC (Canadian Imperial Bank of Commerce) World Markets, and BTIG, LLC. These roles provided Dennis Palmeri Jr. with experience in tenders, prime brokerage, corporate bonds, and activist investing. Through relationships with broker/dealers, hedge funds, and other financial institutions, he also played an important role in establishing two start-up securities lending operations.
Additionally, Dennis Palmeri has implemented programs related to securities lending and Type 1 assets. Internal long accounts benefited from his ability to obtain credit and monitor current market rates. His Type 1 asset lending program involved “fully paid” securities and it utilized his talents at discovering long positions in high demand. Dennis Palmeri also saved money for his clients by upgrading rates to reflect current market levels. Additionally, he assisted firms in complying with broker rules and regulations for his industry.