The Federal Reserve Bank of New York has promoted assistant vice presidents Jeffrey C. Blye, Valerie I. Rainford, Philip E. Strahan, Miriam I. Vidal, and Stefan Walter to vice president.Mr. Blye works in the customer service department of the automation and systems services group. He had been an assistant vice president in the department since 1996, responsible for network and data center planning and operations. He joined the bank in 1991.
Ms. Rainford, in the markets group, is responsible for developing a new foreign accounts processing system. She joined the bank in 1986 as a bank examiner and specialized most recently in credit and risk management in the markets group.
Mr. Strahan works in the banking studies department. He joined the bank in 1993 and became assistant vice president in 1998.
Ms. Vidal works in the bank supervision and administrative systems department. She joined in 1973 and became an assistant vice president in 1995.
Mr. Walter works in the market and liquidity risk department. He joined the New York Fed in 1991. In 1998 he was named an assistant vice president and was assigned to the bank supervision group's advisory and technical services function.
Chase Manhattan Bank has named Gail A. Schneider, a key investment products executive, to head development and implementation of consumer strategies in the New York tri-state area and Texas, its core markets.She will be responsible for Internet as well as conventional distribution.
Ms. Schneider, who was also promoted to executive vice president, was the group executive of the investment services group. In that job she headed development, marketing, and distribution strategies for all consumer and small-business investment products.
Now she will lead a newly created business unit called regional consumer services, and her responsibilities will include retail deposit and investment products as well as the servicing of insurance products. She will report to another executive vice president, Harry DiSimone, the marketing and consumer markets management executive.
Ms. Schneider has worked 18 years for Chase in consumer and private banking.
State Street Research and Management Co. in Boston has hired Anne Tucher Truesdale as a vice president and equity analyst.Ms. Truesdale, 28, focuses on diversified financials, government-sponsored agencies, publishing, educational services, and information technology consulting.
She was a senior analyst at J.P. Morgan & Co., where she covered the publishing sector. Earlier she was an associate in fixed-income research for Edward D. Jones & Co.
State Street manages $53 billion of assets and is a subsidiary of Metropolitan Life Insurance Co.
Credit Suisse First Boston has hired Jason Goddard as a director of the utilities team in its European equity research department.He will be based in London and will focus on the U.K. electricity sector, which he covered for the last three years as a member of the utilities team at HSBC.