Friday, March 19, 2010

Morgan Stanley Adds Janice Dunnett, Dave Sandor and Ronnie Potel

Morgan Stanley has added three executives from Standard Chartered to lead its Asian-Pacific convertible bonds operations. The newly appointed bankers will be based in Hong Kong.

Janice Dunnett, a former head of StanChart, will take charge of Morgan Stanley’s convertible bond offerings in Asia starting from mid-April.

Standard Chartered ex-banker Dave Sandor will take over as vice president of Morgan Stanley.

Ronnie Potel, who is currently responsible for the equity unit of the British bank, will head Morgan Stanley’s convertible bond business for the Asia Pacific region.

-M2 EquityBites


Deutsche Bank Appoints Myles Walton

Deutsche Bank announced that Myles Walton has joined as a director and senior company research analyst within its global markets division.

Based in New York, Walton will oversee aerospace & defense research in the US and report to Steve Pollard, managing director and head of research in the Americas.

Walton joins Deutsche Bank from Oppenheimer, where he was a managing director and senior analyst covering aerospace & defense. Prior to Oppenheimer, he spent two years as an associate on the Institutional Investor ranked team at Morgan Stanley. Walton was a researcher in the aerospace Engineering Department at the Massachusetts Institute of Technology and also an employee of Northrop Grumman. -Business Wire


Mark Palmer Joins Legg Mason Global Asset Management Trust

Mark Palmer has joined Legg Mason Global Asset Management Trust as director of business development for the UK.

Palmer was formerly at Fidelity International where he was a sales director responsible for developing relationships with life and platform businesses. -Money Marketing


Kirat Singh and John Tumilty Join Bank of America

Bank of America announced that Kirat Singh will join the bank as head of global markets risk systems, a newly created position, on June 9. He will be based in New York City.

Singh will be responsible for building real-time risk assessment capabilities across asset classes and platforms for business partners.

Previously, Singh was at JPMorgan Chase where he led a team that designed and built a software platform to unify trading, risk and pricing applications for foreign exchange options, equities and commodities. He worked for Goldman Sachs from 1997 to 2006 developing sales, trading and risk management applications as well as core infrastructure for the fixed income, currency, commodity and equity trading desks.

John Tumilty joins as GMRT chief operating officer and head of global equity technology, effective June 14. He will be based in London.

Tumilty has 24 years of experience in financial services technology. He joins the bank from UBS where most recently he was the chief information officer for the investment bank. He was head of equity technology for UBS from 2004 to 2006, and prior to that spent nine years at Goldman Sachs where in his last role he was global head of equity technology and head of European capital markets technology. -TECHWEB


John Krupar Joins Loughlin Meghji

John Krupar has joined Loughlin Meghji as a managing director and leader of the firm’s performance improvement practice.

Krupar has 25 years of business transformation and turnaround experience, most recently as a partner with the Oliver Wyman consultancy, where he co-led the operational excellence practice and collaborated with that firm’s corporate finance unit.


Conseco Promotes Scott L. Galovic

Conseco announced that Scott L. Galovic has been promoted to vice president investor relations and treasurer.

In his new role, Galovic also will be responsible for cash management and the corporate insurance program. He will continue to report to Tom Barta, senior vice president of financial planning and analysis.

Galovic has managed Conseco’s investor relations function since joining the company in 2008, most recently serving as senior director, investor relations. He has over 20 years of experience in insurance and financial services, including two years as controller at Irwin Union Bank, seven years as controller at Golden Rule Insurance Company, and five years in finance and accounting at Anthem. -PR Newswire


Thursday, March 18, 2010

Morgan Keegan Appoints Robert A. Baird and Kevin H. Giddis

Morgan Keegan has formed a new division for investment banking. The Memphis based securities and investment banking subsidiary of Regions Financial is pulling its 300 investment bankers from two division’s equity capital markets and fixed income capital markets and putting them into the new unit.

Robert A. Baird, executive managing director and 31-year veteran of Morgan Keegan, has been named president of the new investment banking division.

Baird, 58, joined the firm in 1979 as one of its first investment bankers. For the past two years, he has served as president of the firm’s fixed income capital markets division. He has also headed the firm’s fixed income investment banking effort since 1996.

Kevin H. Giddis will replace Baird as president of fixed income capital markets division. -Company Website


Vetus Partners Appoints Jon Skelly

Vetus Partners announced that Jon Skelly has joined Vetus as a managing director.

Mr. Skelly has over a decade of middle-market investment banking and corporate development experience with privately-held as well as publicly-traded, Fortune 500 enterprises focused on the wholesale distribution sector. He has worked with or for many of the distribution industry’s leading participants, such as W.W. Grainger, HD Supply and Hughes Supply. He has specialized expertise in the sale and acquisition of middle-market distribution businesses and buy-side M&A financial advisory services for corporate acquirers and private equity firms. -Company Website


Jesse Axtell Joins Lightstone Securities

Lightstone Securities announced that Jesse Axtell has joined the company as vice president and Northwest regional director.

Axtell’s career includes successful stints as a financial advisor with Morgan Stanley Dean Witter; an internal wholesaler with MetLife, where he was promoted to regional vice president; and with KBS Capital Markets as their northwest representative. -Business Week


Mark Epley Joins Nomura Holdings Unit

Mark Epley joins Nomura Holdings as co-head of Nomura’s unit that advises on merger deals for buyout firms. He will be based in New York.

Epley joins from Deutsche Bank, where he led a team that caters to private equity firms. He joined Deutsche Bank in 2001.


Janney Montgomery Scott Appoints Brent Giese, James Stauss, Katrina Griessman, Austin Derris and Christopher Moses

Janney Montgomery Scott named former Bear Stearns executive Brent Giese to head the firm’s newly created whole loan initiative. Joining Giese is former Bear colleague, James Stauss.

Mr. Giese and Mr. Stauss, both named managing directors at Janney, have nearly 50 years of industry experience between them. At Janney the two will team with existing financial institutions professionals to provide comprehensive loan portfolio solutions and execution for clients in the banking sector.

For 10 years at Bear, Giese was a managing director and head of the mortgage origination group. He also spent six years at both UBS and JP Morgan.

Stauss most recently was VP, institutional sales at Raymond James & Associates. Previously he spent 4 years as a managing director at Bear Sterns, he also spent time at PNC Mortgage Securities and GE Capital Mortgage.

Janney also announced that it has added three veterans to its fixed income sales and trading practice in recent months.

Katrina Griessman joins Janney as a director, fixed income sales, in Atlanta, GA.

Griessman brings to Janney more than 25 years in the industry. Most recently she was with Atlanta-based fixed income boutique Angel Oak Capital Partners. Previously she was at Keefe Bruyette & Woods as senior vice president, institutional fixed income sales and UBS (Paine Webber) as senior vice president, global fixed income sales.

Austin Derris also joins Janney as a vice president located in Boston, MA.

Previously, Derris spent several years on Merrill Lynch’s institutional fixed income sales team.

Christopher Moses joins the firm as vice president non-agency MBS trading.

Moses most recently served as vice president at Bank of America Merrill Lynch. He also served in trading roles at Washington Mutual Capital and The Winter Group earlier in his career. -Business Wire


Oak Hill Capital Partners Appoints Mark Pacala

Oak Hill Capital Partners announced that it has named Mark Pacala as a senior advisor to the firm.

Mr. Pacala will consult with companies in Oak Hill Capital’s private equity portfolio and provide expertise regarding the firm’s healthcare investments.

Mr. Pacala has over 25 years of operating and investment experience, predominantly in various healthcare businesses, as both a chief executive officer and private equity investor. -Company Website


CalSTRS Promotes Margot Wirth

The California State Teachers Employees’ Retirement System (CalSTRS) promoted veteran employee Margot Wirth to direct its private equity portfolio.

Wirth will oversee the multi-billion dollar operation, which represents nearly 13% of the California State Teachers’ Retirement System’s portfolio.

Wirth joined CalPERS as an investment officer in 2001. She has been interim co-director of private equity since February 2009.


Matrix Partners Appoints Antonio Rodriguez

Matrix Partners announced a new partner in its Boston office. Antonio Rodriguez, consumer technology entrepreneur, will join the firm as general partner.

In his new role at Matrix Partners, Rodriguez will be investing in young companies across a range of sectors including consumer Internet, mobile, software, and Internet infrastructure.

Most recently, Rodriguez was CTO of HP’s consumer imaging and printing division, where he led a wide array of projects in the areas of mass customization, e-reading, mobile platforms, and next generation web technologies for content consumption. He joined HP through the acquisition of Tabblo, where he was founder and CEO. -Company Website


Argo Group US Appoints Louis Levinson

Argo Group US, a subsidiary of Argo Group International announced that Louis Levinson has been appointed president of the group’s E&S segment.

Levinson will oversee the underwriting and business operations of Colony, Argonaut Specialty and Argo Pro. He will be based in Argo Group’s New York office and will take up his new responsibilities on April 6th, 2010, reporting to the head of Argo Group US.

Mr. Levinson joins Argo Group US from ACE Westchester where he was president of the nationwide casualty operations. He has been with ACE Westchester for the last nine years, joining in 2001 as senior vice president of casualty. He was appointed to the position of president of ACE Westchester in 2005. Prior to working at ACE, he served in senior sales and marketing roles with Fireman’s Fund Insurance and Chubb Group of Insurance. -Business Wire


Wednesday, March 17, 2010

Bank of America Merrill Lynch Appoints Gene Reilly

Bank of America Merrill Lynch announced that it has appointed Gene Reilly as its Asia-Pacific head of equity execution services, as the U.S. bank strengthens its equity-trading capabilities.

Reilly, who was a Goldman partner and has worked in the region for 16 years, will be responsible for all aspects of share trading, from quantitative trading to algorithmic and electronic trading.


Morgan Stanley Appoints Nick Strain

Morgan Stanley has named Nick Strain as managing director and head of institutional sales in Asia for FX and emerging markets.

Strain joins from Royal Bank of Scotland in Singapore.


Citigroup Appoints Keshav Sanghi

Citigroup has appointed Keshav Sanghi as head of the India equities.

In his new role, Mr. Keshav will continue to oversee the sales function, help develop long-standing relationships with key clients and have overall responsibility for the Indian equities business.

Mr. Keshav will report in the country into V. Srikanth, head of markets South Asia.

Mr. Keshav had joined Citi in January 2010 as head of sales and deputy head of equities for the Indian business. Prior to joining Citi, he served as the CEO of Reliance Equities for 18 months and at Deutsche Bank for the previous six years. -Business Line


Credit Suisse Announces executive Changes

Credit Suisse Group has hired five fixed-income specialists in Moscow.

Three join from Deutsche Bank, led by Valery Pushnya, who was named a managing director and head of trading for Russia and other former Soviet states, along with Alexander Danilenko and Anastasia Shamina.

Both Danilenk and Shamina will report to Pushnya.

Sergey Sadomtsev joins from Morgan Stanley and Alexandra Pavlova joins from Royal Bank of Scotland Group to work on the fixed-income team under Andrey Chuprin.

All five appointments are effective immediately.


NASDAQ OMX Appoints Mary Mcdermott-Holland

The NASDAQ OMX Group announced that Mary McDermott-Holland has been appointed as vice president of NASDAQ OMX transaction services.

Ms. McDermott-Holland will join NASDAQ OMX effective April 6 and report to Eric Noll, executive vice president of NASDAQ OMX transaction services. She will manage the institutional investor relationships of the U.S. transaction services business acting as the liaison to the Institutional Traders Advisory Council as well as representing NASDAQ OMX at industry conferences and events.

Ms. McDermott-Holland joins NASDAQ OMX from Mellon Capital Management where she served as director and trading manager. Previously, she was senior vice president at Franklin Portfolio Associates before its merger with Mellon Capital in January, 2009. During her 28-year career, she was head of institutional trading and focused on execution, transaction costs, process improvement, systems enhancement and client service. She also managed relationships with brokers, vendors and venues. -PrimeNewswire


Jones Lang Lasalle Appoints Thomas O. Fish, Michael J. Melody and Thomas J. Melody

Jones Lang LaSalle hired three long-standing industry experts to lead its Americas real estate investment banking (REIB) business and assume executive leadership roles for the company’s Americas capital markets business.

Thomas O. Fish, Michael J. Melody and Thomas J. Melody will steer the company’s Americas REIB business as executive managing directors. The trio will partner with Americas capital markets president Jay Koster and the capital markets leadership team to help drive the expansion of the company’s overall Americas capital markets business. They will focus on expanding and driving a REIB business that currently has a foothold in Chicago, Los Angeles, New York and Washington D.C., with an emphasis on helping create a fully integrated investment sales and REIB business across the Americas. They all will be based in Jones Lang LaSalle’s Houston office.

Recently departed CB Richard Ellis, and with more than 75 years experience between them, the trio has been responsible for the completion of debt and equity transactions over the past decade. The three principals have a long history operating as strategic partners, with the Melodys having formerly helped build L.J. Melody in its pre-CBRE days. Fish joined the team in 1996 upon CB Commercial’s acquisition of L.J. Melody. Collectively, following the acquisition, they helped develop L.J. Melody into one of the nation’s largest real estate investment banking firms. L.J. Melody & Company changed its name to CBRE Melody in 2005. Each served as vice chairmen of CBRE, and individually held various positions during their CBRE tenure including co-CEOs of the debt and equity finance group, president of CBRE Capital and head of the Southwest Region for the debt and equity finance group. -PR Newswire


Keefe, Bruyette, & Woods Appoints Rick Jeffrey

Keefe, Bruyette, & Woods announced plans to bolster its presence in the convertible securities market by appointing Rick Jeffrey as senior vice president and head of the business.

Mr. Jeffrey comes to Keefe, Bruyette & Woods with more than two decades of relevant experience. Most recently, he was the managing director and head of convertible bonds at Knight Libertas and previously served as senior managing director and co-head of convertible bonds at Bear Stearns. -Business Wire


Commonfund Appoints Douglas Mcneely

Commonfund announced that Douglas McNeely was named managing director of the company and head of new markets, alternatives sales group.

McNeely was a senior member of the strategic client advisory team and previously co-head of the public fund and Taft-Hartley team within Morgan Stanley Investment Management’s institutional advisory group.


State Street Global Markets Adds John Herrmann

State Street Global Markets announced the appointment of John Herrmann to its global macro strategy team.

Herrmann, who joins State Street Global Markets as a senior fixed income strategist based in Boston, will report to Michael Metcalfe, global head of macro strategy.

Herrmann brings more than 15 years of experience as a forecaster of US macro-economic and employment growth and trends to his new role. -Business Wire


Lincoln National Appoints Frederick J. Crawford

Lincoln National announced that it is creating a new senior management role with a focus on long-term strategic planning, corporate development and investments.

Frederick J. Crawford, executive vice president and chief financial officer, will transition to the newly created position of executive vice president, corporate development and investments. He will also remain in his current position until a successor is named.

Crawford’s responsibilities will include corporate development, mergers and acquisitions, general account management, commercial real estate, corporate investments and a more active role with government affairs. He will remain a member of the senior management committee, investment committee, and enterprise risk committee. He will continue to report to president and CEO Dennis R. Glass. -PR Newswire


Tuesday, March 16, 2010

TIAA-CREF Appoints Marvin Adams

Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF) announced the appointment of Marvin Adams to head the company’s technology & operations.

Mr. Adams’ responsibilities will include overseeing the company’s information technology and operations functions, leading IT strategy and policy, and integrating technology and operational initiatives to advance quality client service. He succeeds Cara L. Schnaper.

Mr. Adams joined TIAA-CREF in January as senior vice president, business integration from Fidelity Investments, where he was president of shared services and responsible for enterprise transformation. -Business Wire


Citigroup Appoints Jeffrey McCarthy

Citigroup announced the appointment of Jeffrey McCarthy as global ETF product head in its securities and fund services business, to accelerate efforts in exchange-traded funds and related product services globally.

Mr. McCarthy will be responsible for product innovation and market development and will coordinate the delivery of end-to-end servicing solutions across trading, distribution and administration for the global ETF market. He will report to Chandresh Iyer, head of global custody and investment administration services and will be supported regionally by Simon Fellows in Asia Pacific, Erick Carvalho in Latin America and Bernard Hanratty in Europe.

Mr. McCarthy joins in the company from Brown Brothers Harriman, where he was the global ETF product manager.  -Business Wire


NuWave Investment Management Appoints Craig Weynand and Patrick Hannon

NuWave Investment Management, an industry-leading alternative investment manager specializing in the application of quantitative investment strategies across the global futures and U.S. equity markets, announced that Craig Weynand has been elevated to the position of chief operating officer.

Mr. Weynand will be responsible for overseeing all aspects of the firm’s day-to-day business operations.

Mr. Weynand joined NuWave one year ago as managing director, following nearly 20 years in the alternative investment industry at such distinguished firms as Morgan Stanley, Campbell & Company and Graham Capital Management.

NuWave has also hired Patrick Hannon as a sales executive in the firm’s business development group.

Mr. Hannon comes to NuWave following 10 years in Morgan Stanley’s alternative investment group, where his responsibilities included various aspects of due diligence and manager selection for the managed futures department, as well as being charged with expanding the firm’s business development and client education efforts. -PRNewswire


MFC Global Investment Management Appoints Chris Conkey

MFC Global Investment Management has named Chris Conkey as chief investment officer, global equities. His appointment is effective immediately.

Based in Boston and reporting directly to J.F. Courville, MFC global president and chief executive officer, Mr. Conkey will lead MFC Global’s equity group, and be responsible for the overall investment performance and risk management of the firm’s portfolio of equity strategies globally. He also will be responsible for developing and overseeing the execution of all strategic, financial, and operating plans and policies for the equity teams around the world. He will be a member of the MFC Global Investment Management executive committee.

Mr. Conkey will work closely with Barry Evans, chief investment officer—global fixed income, and Mark Schmeer, chief investment officer—asset allocation, strategy and research to generate strong returns across all public market strategies for the benefit of MFC Global clients.

Mr. Conkey brings nearly 25 years of investment management experience across fixed income and equity asset classes to this role. Most recently, he was chief investment officer of Evergreen Investment Management Company where he had overall management responsibility for assets. He was the chair of the investment strategy committee and led several distinct teams in managing fixed income, equity and alternatives strategies. Prior to his role as CIO, he spent three years as Evergreen’s equity chief investment officer, following a merger between Keystone Investments and Evergreen. He spent 13 years at Keystone Investments, where he held several investment management positions, culminating with the role of president and chief investment officer. -Business Wire


Avalonbay Communities Promotes Sean Breslin, Bill McLaughlin, and Steve Wilson

AvalonBay Communities announced the promotions of three senior vice presidents – Sean Breslin, Bill McLaughlin, and Steve Wilson – to executive vice president positions, effective immediately.

Mr. Breslin, who joined AvalonBay in 2002, oversees redevelopment and asset management nationally, including the market research function. Given his focus on portfolio management, he will also become a member of the management investment committee.

Mr. McLaughlin, has overall responsibility for development and construction for the Northeast.

Mr. Wilson, who has been with AvalonBay for 12 years, has overall responsibility for development and construction for the West Coast and Mid-Atlantic regions.

The three new executive vice presidents will become members of AvalonBay’s executive committee.  -Business Wire


Monday, March 15, 2010

American Express Appoints Kim C. Goodman

Effective as of March 15, 2010, Kim C. Goodman was appointed as president, merchant services Americas of American Express. -SEC Form 8k


Andrew Pridham and John Steinthal to Join Moelis

Moelis, the New York-based investment bank, announced that Andrew Pridham will join the firm as managing director and head of investment banking for Australia.

Mr. Pridham most recently was executive chairman of investment banking at JPMorgan Australia. He has over 20 years of experience in investment banking and has worked in London, Singapore and Sydney. As executive chairman of JPMorgan’s investment bank in Australia he completed many major M&A, equity raising and other advisory transactions and played a leading role in the significant growth of JPMorgan’s Australian business. Prior to his six year tenure at JPMorgan, he spent 12 years at UBS where he held senior roles including global head of real estate investment banking and head of investment banking for Australasia. He was also a member of the UBS global investment banking management Committee.

Additionally, John Steinthal will join the firm as managing director and head of equities for Australia.

Mr. Steinthal was most recently a co-founder and principal of Edward Baillie Capital and previously was managing director and co-head of Australasian equities at UBS. He has over 20 years of experience in equities. He co-founded Edward Baillie Capital in 2004 to create and manage a successful suite of unlisted alternative investment products. Previously he was also at UBS in Australia for 14 years, managing a 170-person team as co-head of Australasian equities. -Business Wire


Roubini Global Economics Appoints Gina Sanchez, Natalia Grushina, Arun Motianey and Jennifer Kapila

Roubini Global Economics announced today that it has made major appointments to its market research and strategy team.

Gina Sanchez has joined the firm as a director, equity and asset allocation strategy.

Before coming to Roubini Global Economics as a global equity and asset allocation strategist, Ms. Sanchez spent four years as an institutional asset manager, serving at the California Endowment, a Los Angeles based foundation, as managing director of public investments and at the Ford Foundation, a New York based foundation, as director of public investments. In both roles, she was responsible for making asset allocation and manager selection recommendations for all external public managers, including both total return and absolute return strategies. In addition, she was a portfolio manager and strategist for eight years at American Century Investment Management in Mountain View, CA.

Natalia Gurushina has joined as director, emerging markets strategy.

Prior to joining Roubini Global Economics, Ms. Gurushina worked for Pantera Capital Management, a global macro hedge fund, where she developed investment strategies for both emerging and developed European markets. Prior to that, she was in charge of macroeconomic research for select economies in Europe, the Middle East, Africa and Russia at Deutsche Bank and Bankers Trust. Before joining the private sector, she analyzed economic and political developments in Russia and the former Soviet Union for the Open Society Institute in Prague.

Arun Motianey has been hired as director, fixed income strategy.

These three senior strategists are based in the United States.

Mr. Motianey joins Roubini Global Economics after twenty years at Citi. His last position was in that firm’s global wealth management division where he was managing director and head of macro research and strategy and a voting member of its global investment committee as well as its asset-liability committee. His career at Citi covered the full range of staff and business-line research positions, including several years in the emerging markets business.

Jennifer Kapila has joined as financial institutions analyst, based in London, in the United Kingdom.

Ms. Kapila comes to RGE after several years as a European banks analyst at Dresdner Kleinwort in London.

All will work closely with Arnab Das, managing director of market research and strategy based in London and New York. -PRNewswire


Robert S. Hull Joins Providence Equity Partners

Providence Equity Partners announced that Robert S. Hull will join the firm as chief financial officer in early April based in the firm’s Providence office.

Hull succeeds Raymond Mathieu, who will become a managing director focused on special projects for the firm.

Hull will join Providence from GMAC where he serves as executive vice president and chief financial officer since 2007. He was a member of GMAC’s executive committee and served briefly on GMAC’s board of directors. He helped GMAC become a bank holding company in late 2008 and worked closely with the U.S. Treasury and the Federal Reserve to complete multiple equity transactions in 2009 including adding Chrysler as a business partner in May 2009. Previously he held a series of finance positions at Bank of America from 2001 to 2007, most recently as chief financial officer of the company’s global wealth and investment management business. Prior to serving as Bank of America’s CFO of global wealth and investment management and principal investing divisions, he was CFO of card services and ecommerce, as well as senior vice president, strategy and financial planning.


Friday, March 12, 2010

Kaku Nakhate Joins Bank of America Merrill Lynch

Bank of America Merrill Lynch has announced that Kaku Nakhate has joined the company to become country head of India, replacing Kevan Watts. She will report to Brian Brille, president, Bank of America Merrill Lynch, Asia Pacific.

Nakhate joins from JP Morgan where she was vice chairman of JP Morgan India. Prior to that, she held several senior positions in global markets and equities at DSP Merrill Lynch, where she worked for more than 18 years. Her most recent position was as head of global markets. -India Infoline Ltd.


Aaron Hill and Keith Sipes Join Thomas Weisel Partners Group

Thomas Weisel Partners Group announced the Aaron Hill has joined the firm as a managing director and head of telecom investment banking and Keith Sipes has joined the firm as a director in investment banking focused on media.

Mr. Hill has spent 25 years as an investment banker most recently at Cowen and Company, where he was head of telecom for the past 3 years.

Mr. Sipes has more than 13 years of banking experience and was previously with Merrill Lynch for over a decade. -Market Wire


Michael Tu Joins Global Hunter Securities

Global Hunter Securities announced that Michael Tu has joined the company’s research department as vice president and senior analyst, healthcare.

Tu will focus on Global Hunter’s expanding coverage of healthcare companies, including those which are based in China and the U.S.

Tu brings to Global Hunter more than a decade of experience, most recently serving as a director in the equity research group of Oppenheimer in New York, where his coverage focused on both China- and U.S.-based healthcare companies. He previously served as an equity analyst for Maxim Group, Jefferies and Banc of America Securities, where he focused on covering medical devices and technology. Prior to his career in equity research, he spent approximately six years in other areas of the financial services industry, primarily as a trader on the buy side. -Business Wire


Houlihan Lokey Appoints Robert Hyer

Houlihan Lokey announced that Robert Hyer joined the firm from Greenhill to head a new practice focusing on companies in the financial technology industry.

Hyer, a 23-year veteran, will be joined by Bruce Urbanek, a financial technology specialist formerly with Goldman Sachs and Citigroup.

Hyer also spent nine years at Citigroup, where he established the bank’s global electronic services group. -Company Website


Nomura Appoints Mark Edgar

Nomura has appointed Mark Edgar to lead its US convertible bond sales business.

Edgar comes from Jones Trading where he set up the equity firm’s convertible bond trading desk. -M2 EquityBites


Susquehanna Financial Appoints Michael Towey

Susquehanna Financial announced that Michael Towey has joined the company as director of research. He will be based in SFG’s New York office.

Mr. Towey has worked in the equities arena for more than 15 years, most recently at Pali Capital where he was co-head of U.S. equities. Prior to joining Pali, he worked for CIBC World Markets as its deputy head of U.S. equities and head of U.S. equity trading. -PR Newswire


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