The turmoil at First Union Corp. is putting new emphasis on returns from the company's capital markets group.

Part of the pressure is landing full force on David Knowlton, hired just four months ago from investment banking boutique Gleacher & Co.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.