Business

Ex-banker guilty of insider trading is released from prison

The senior investment banker who in 2014 pleaded guilty to trading on inside information gleaned from his clients completed his incarceration on Monday, the Federal Bureau of Prisons confirmed.

Frank “Perk” Hixon, 58, was released from a Brooklyn halfway house.

The former Evercore Partners senior managing director was sentenced to 2½ years in prison for making more than $700,000 in illicit profits with the info on upcoming deals.

The money was used by the married banker to pay the expenses of his gal pal and the daughter he fathered with her.

Hixon tried to hide the profit by trading through the accounts of his father.

Hixon, who had faced up to five years behind bars, admitted he did something wrong but said he did it for the right reasons. The explanation seemed to carry weight with Manhattan federal court Judge Ronnie Abrams.

Hixon’s lawyer did not return calls seeking comment.

The one-time high-flyer will still be under 30 months of supervision