Scot leaves investment bank

Financier Neilly quits top role at Cantor Fitzgerald

Gordon Neilly, a veteran of the Edinburgh and London financial services sector, has resigned from Cantor Fitzgerald Europe.

A memo from Shawn Matthews, head of of Cantor Fitzgerald & Co, confirmed Mr Neilly’s departure last Friday.

“Gordon Neilly has resigned to take his career in a different direction and explore opportunities outside of investment banking,” a spokesman for Cantor Fitzgerald Europe told the Reuters new agency.

“We wish Gordon every success in the future and thank him for his significant contribution to the development of the Cantor Fitzgerald business in Europe.”

At the end of last year Cantor Fitzgerald Europe (CFE) announced it was opening an Edinburgh office after hiring a team from rival Shore Capital.

Neilly, who joined the investment bank in 2012, was appointed co-CEO of Cantor Fitzgerald Europe in May 2014 alongside Angelo Sofocleous, who remains as CEO.

Mr Neilly was a significant figure in Scotland in 1990s, working for, among others, Ivory & Sime.

He left Ivory & Sime to join the young Turks of Rutherford Manson Dowds, the accountancy firm that promised to inject some fresh ideas into the Scottish financial sector.

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