S&P Global Market Intelligence presents a weekly rundown of selected executive management changes among the major Wall Street investment banks and other notable moves. The changes are listed by announcement date in reverse chronological order.
Brentwood Capital Advisors LLC, a healthcare and tech-focused investment bank, appointed John Kibler as managing director.
Benjamin F. Edwards & Co. Inc. opened an office in Reno, Nev., and appointed Craig Belis as associate vice president for investments while Christopher Cook and Chris Gant were appointed as vice presidents for investments. Mike Zunini was named financial adviser.
Raymond James Ltd., the Canadian arm of Raymond James Financial Inc., hired Marwan Kubursi for its investment banking team as head of healthcare and managing director of technology and blockchain. The company also appointed David Novak as a managing director and healthcare research analyst.
JMP Group LLC named Ryan Abbe managing director and head of real estate investment banking at JMP Securities LLC.
Deutsche Bank AG started the process to lay off at least 250 individuals its corporate and investment bank, Bloomberg News reported Feb. 19, citing "people with direct knowledge of the matter."
Goldman Sachs Group Inc. tapped Dusty Philip to help lead the company's mergers and acquisitions business, according to a report from The Wall Street Journal. The company named Matt McClure to succeed Philip at the helm of the industrial business. Goldman Sachs also hired JPMorgan Chase & Co. banker Chris Gallea as an investment banking partner.
KMS Financial Services Inc. appointed Erinn Ford president of the company, effective in March. She will succeed Tracy Forsythe, who is retiring this summer.
Len Sheer, head of the Piper Jaffray & Co. capital advisory group, will become president of newly formed lending subsidiary Piper Jaffray Finance LLC.