(Adds Fidelity, Credit Suisse)
June 2 The following financial services
industry appointments were announced on Tuesday. To inform us
of other job changes, e-mail firstname.lastname@example.org.
Fidelity Capital Markets , the institutional trading
division of Fidelity Investments, named Thomas Tesauro
executive vice president of its prime services business.
Tesauro has more than 25 years of experience in the prime
brokerage and equity finance markets, including former
leadership roles at Citigroup and Goldman Sachs. Most recently,
he was managing director at S3 Partners.
Credit Suisse CSGN.VX hired David Russ, former chief
investment officer of Dartmouth College's Office of
Investments, as head of a new investment strategies unit.
Mark Baumgartner, a former senior portfolio strategist at
Morgan Stanley (MS.N), will also join the strategy group, which
will be part of Credit Suisse's asset management division.
Goldman Sachs Group (GS.N) said former SEC chairman Arthur
Levitt agreed to serve as an advisor, providing strategic
advice on matters including public policy. Levitt was the
longest-serving SEC chairman, running the agency from 1993 to
February 2001. He was former chairman of the American Stock
Exchange and former president of brokerage Shearson Hayden
Stone. Levitt today also serves as advisor to Carlyle Group,
Promontory Financial Group and Global Electronic Trading Co.
Morgan Keegan & Co, investment banking unit of Regions
Financial (RF.N), expanded into the financial restructuring
business by taking on The Spectrum Capital Group. Spectrum
managing partner Michael Lederman was appointed head of Morgan
Keegan's new special situations group, while turnaround
specialist Joseph Sands joins as a managing director. Lederman
was a restructuring attorney for Shearman & Sterling and a
founder of the restructuring group at Goldman Sachs and
restructuring boutique The Gordian Group.
RBC CAPITAL MARKETS
RBC Capital Markets, unit of Royal Bank of Canada (RY.TO),
said it named Kurt Hallead and Greg Pardy as co-heads of global
Qatalyst Group, a technology merchant bank founded last
March by famed dealmaker Frank Quattrone, said Ian MacLeod
joined as head of global software and services investment
banking. MacLeod, based in San Francisco, is an 18-year veteran
who most recently was the head software banker at Goldman
H&R Block Inc (HRB.N)
The tax services provider named Kathryn Fulton senior vice
president of government relations and public policy, effective
immediately. Fulton joins the company from Barclays Capital.
DEUTSCHE BANK (DBKGn.DE)
The investment bank has appointed Jay Choi as director and
head of Korean equity research, effective immediately. Choi
joins from Blackstone AMN Advisors and is based in Seoul.
The global wealth manager said it appointed Mark Cooke as
managing director and global chief risk officer. Cooke joins
BANC OF AMERICA SECURITIES-MERRILL LYNCH RESEARCH (BAC.N)
The financial institution appointed Michael Widmer and
Tanapoom Damraks as strategists to its global commodities
research team. Widmer joins from BNP Paribas and will lead
coverage in metals markets, based in London. Damraks joins as a
commodities strategist and will also be based in London.
IVANHOE CAPITAL CORP
The company, which specializes in venture capital and
project financing, said it appointed former Massachusetts
Governor William Weld as international business adviser to the
Ivanhoe group of companies. Weld will be based in New York.
The provider of financial services said it appointed Ali
Mudeen as managing director of its Cayman Islands operations.
Mudeen joins from Caledonian Global.
KAUFMAN BROS LP
The investment bank and broker-dealer named Benny Lorenzo
chairman and chief executive officer, effective June 1. Lorenzo
had acquired a majority interest in the firm through BLMK
Capital Management LLC in March.
The financial services firm said it appointed former Bear
Stearns Chief Executive Alan Schwartz as executive chairman.
Most recently, Schwartz was affiliated with Rothschild Inc.
AUERBACH GRAYSON & CO INC
The New York-based brokerage firm said it appointed
Alexander Kazan as Vice President of Latin American equities.
Kazan joins from Bear Stearns.
JO HAMBRO INVESTMENT MANAGEMENT
The specialist asset management company said it appointed
Jeff Keen as director and co-head of fixed income. Keen was
previously at TriAlpha Investment Advisors.
The business advisory firm said it appointed Anne Hamilton
to lead the insurance tax team. Hamilton joins from
PACIFIC ALLIANCE GROUP
The alternative investment manager said it appointed
Anthony Miller as president and chief executive officer of the
newly formed unit, Pacific Alliance Japan Ltd. Miller joins
from Ramius LLC, where he will remain a senior advisor to
Ramius Japan Ltd and Ramius LLC.
(Compiled by Antonita Madonna Devotta in Bangalore; Editing
by Andre Grenon)