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Piper Jaffray adds 2 managing directors to financial institutions investment banking group

Piper JaffrayCos. said April 5 that it has hired Kalan MacGinley and MichaelPerry as managing directors in its financial institutions investment bankinggroup.

MacGinley is based in the company's San Francisco office.Perry, located in the New York office, will lead the financial institutionsinvestment banking practice in the southeastern portion of the U.S.

Most recently, MacGinley managed the western U.S. financialservices sector at Macquarie Capital, covering international and western U.S.financial services companies. Perry has more than 20 years of experience as afinancial institutions investment banker focused on depositories and has workedacross the bulge bracket and boutique spectrum at companies such as , Bear Stearns,Merrill Lynch and Sterne Agee.