Knight Capital Group

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Management Changes at Knight Capital Group

Aug 16, 2011By

Knight Capital Group, the parent company of Urban Financial Group announced changes to their mortgage trading division with the appointment of C. Darren Stumberger as Managing Director and the exit of David Fontanilla the head HMBS mortgage trader. Mr. Stumberger joins Knight from Bank of America Merrill Lynch where he was responsible for trading and risk management of reverse mortgages in Global Banking and Capital Markets. At Knight, he will trade mortgage and structured products as part of the ABS/MBS team with a specific focus on the firm’s growing reverse mortgage and HMBS business. Mr. Stumberger will report to