Job Wrap: Wachovia snares Engel; CSFB snags Nagle for energy trading move
There was a smattering of hiring across different sectors last week. Key events included Wachovia's recruitment of a new head of M&A and CSFB's acquisition of a senior energy trader from Goldman Sachs.
b>Investment banking: Wachovia hires M&A head; Greenhill hires in anticipation of restructuring surge
Wachovia Securities hired Robert A. Engel from Gleacher Partners as managing director and head of M&A. Engel will be based in Charlotte.
Sandler O'Neill & Partners LP hired Mark Biche from RBC Capital Markets as a managing director in its investment banking division.
Greenhill and Co. hired Mark Hootnick from Miller Buckfire Ying as a managing director specializing in financial restructuring. Robert Greenhill, founder of Greenhill, said he plans to hire further corporate restructuring experts in anticipation of a downturn.
ThinkEquity Partners LLC, a San Francisco-based investment firm, hired John Boyle from BearingPoint, a consulting company, as a partner in its investment banking team.
Energy trading: CSFB snags Nagle
CSFB recruited Rita Nagle, a senior energy trader from Goldman Sachs, to aid its move into energy trading. Nagle joins as a managing director and head of gas trading.
Merrill Lynch hired Randy Balhorn from DTE Energy Trading as head of global oil trading in its global commodities arm.
Structured products: Khan joins U.S. Bancorp
U.S. Bancorp hired Rafi Khan from Citigroup as a director responsible for credit correlation structuring based in New York. The bank also elected Richard Hartnack and Joseph Otting to vice chairman positions. Both men joined in April, Hartnack as head of consumer banking and Otting as head of commercial banking. Both men will retain their existing positions.
Fund Management, hedge funds, prime brokerage: BNP Paribas hires Lapomme
BNP Paribas Asset Management hired Pierre Lapomme from Calyon as its chief executive officer in the U.S.
Banc of America Securities hired Steven Winter from Barclays Capital as head of fixed income prime brokerage.
Silver Creek Capital Management, a funds of hedge funds with approximately $3.7 billion in assets under management, hired Bryan Weeks, former managing director of institutional relationship management at Russell Investment Group, as president. It also hired Spencer Potts from Merrill Lynch's Hedge Fund Origination Group.
New York Life Investment Management hired Harish Kumar from ING Investment Management as managing director and head of growth portfolios at its equity investors group.
Bear, Stearns & Co. Inc hired Jeffrey Turnbaugh from Lehman Brothers as a managing director in the private client services division. Turnbaugh will be based in San Francisco.
Equities: Merriman Curhan Ford & Co. hires two
Merriman Curhan Ford & Co. hired Mark Silverman of Pacific Growth equities and Tim Savageaux of Terrapin Research and Management as managing directors. Silverman joins as a senior managing director and equity salesman covering Midwest and New York accounts. Savageaux will cover the communications sector as a research analyst and managing director.
Legal and compliance: RBS hires from SEC
RBS Greenwich Capital hired Cara Martens, a former senior attorney in the division of enforcement at the Securities and Exchange Commission's New York regional office, for its legal and compliance department. Martens joins as a senior vice president.