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.
PJ Solomon LP named Joseph Valenti head and managing director of its newly launched telecommunications group.
Four advisers who managed $990 million in assets and advised an additional $1.6 billion in assets moved to Raymond James Financial Inc. from UBS Institutional Consulting Group, according to an InvestmentNews report.
Houlihan Lokey Inc. named Jerome Brown managing director and Austin Smith vice president for its healthcare services team.
Piper Jaffray Cos. financial services investment bankers Michael Barry and Lorenzo Zefferino are set to move to Performance Trust Capital Partners LLC, S&P Global Market Intelligence reported.
Citigroup Inc. named Douglas Adams and James Fleming co-heads of its global equity capital markets business, according to an internal memo obtained by S&P Global Market Intelligence.
The banking giant also named Paul Abrahimzadeh and Russell Chong as co-heads of its North America equity capital markets business.
Piper Jaffray FIG i-banker Jim Murray left to become CFO of Legal Business Services, a litigation finance company, a source familiar with the matter told S&P Global Market Intelligence.