National City Corp. in Cleveland has promoted Holly Schreiber to senior vice president and Derek Green to vice president and investor relations manager.
Ms. Schreiber is responsible for managing the company's external reporting, parent company accounting, and financial communications. Before joining National City last year as an assistant treasurer, she was a vice president and manager of external reporting and accounting policy at Fifth Third Bancorp in Cincinnati.
Earlier she was chief financial officer, treasurer, and vice president of the former CFSB Bancorp and the former Community First Bank of Lansing, Mich. (Both CFSB Bancorp and Community First Bank were bought by Old Kent Financial Corp. last year.)
Mr. Green is responsible for managing contacts with institutional investors and securities analysts. He was a senior associate responsible for financial analysis, pricing, and structuring of large senior debt financing for the company's corporate banking clients. He joined National City in 1997 as a corporate banking associate responsible for credit management, leasing, and interest rate derivative products.
Before that he was the vice president of strategic planning at Ernie Green Industries, an automotive component maker in Dayton, Ohio. Earlier he had been a senior consultant at Deloitte & Touche, where he worked on consulting projects in the public utility, telecommunications, higher education, and data management industries.
The Citibank private bank has hired Gregory J. Dennerlein to be a capital markets specialist in its Chicago office. He is responsible for derivative-based risk management solutions for private banking clients throughout the Midwest.Mr. Dennerlein was the director of equity derivatives at Bank One Corp.'s securities subsidiary, Bank One Capital Markets Inc. in Chicago for two years. Before that he was a vice president who managed equity and fixed-income portfolios for high-net-worth clients and developed new business at the Farmington Hills, Mich., office.
Earlier he held a similar post and was vice president of Key Bank in Cleveland.
MIDDLE ATLANTICMerrill Lynch & Co. in New York has promoted Steven Milunovich from senior analyst to global technology strategist.
His responsibilities include advising clients on the best ways to invest in the technology sector, developing sector weightings, and identifying emerging trends in the industry. He reports to Charles Lambert and Deepak Raj, the firm's directors of global fundamental equity research.
Mr. Milunovich was senior analyst in the enterprise hardware sector and is succeeded in that post by Thomas Kraemer, who was hired from Morgan Stanley Dean Witter & Co. Before joining Merrill in 1997 he held a similar post at Morgan Stanley Dean Witter, where he worked for three years. He has 17 years of experience in technology research.
Mr. Kraemer reports to Steve Balog, director of global technology research.
HSBC Bank USA has promoted senior vice presidents David L. Fried and Dianne LaBasse and chief investment strategist Richard Vartabedian to executive vice president.Mr. Fried was promoted within the insurance operation. He remains president of two bank subsidiaries, HSBC Insurance Agency (USA) Inc. and HSBC Reinsurance (USA) Inc. He also remains president of Marmid Life Insurance Co., a subsidiary of the bank's U.S. holding company, HSBC USA Inc. The latter is a unit of London-based HSBC Holdings PLC.
Ms. LaBasse was promoted within the domestic private banking operation. Mr. Vartabedian was promoted within the asset management division.
All three executives report to Leslie E. Bains, senior executive vice president of domestic private banking. Ms. LaBasse and Mr. Vartabedian remain in New York, and Mr. Fried remains based in Buffalo.