Wachovia acquires three for M&A

Wachovia Securities has hired David Bain, James Broner and Michael Wilkins as directors in its mergers and acquisitions group.

Bain and Broner join the bank as managing directors, while Michael Wilkins will be a director.

All three will report to Robert Engel, head of mergers and acquisitions at Wachovia Securities.

Bain and Wilkins come to Wachovia from Dresdner Kleinwort Wasserstein and will focus technology clients at Wachovia. Both will be based in San Francisco.

Both were managing directors at DrKW, where Bain was also co-head of the global technology group.

Broner will provide advisory services to clients within the media and communications sector. He joins Wachovia from Banc of America Securities, where he was a managing director. He will be based in New York.

Engel joined Wachovia in April from Gleacher Partners, the independent advisory firm where he was managing director and head of M&A and restructuring. He reports to Kevin Roche, head of investment banking.

Engel founded Gleacher's M&A practice in London in 2000.