MIDWEST
U.S. Bancorp Piper Jaffray of Minneapolis has hired Steven Bernard as vice president of its middle-market mergers and acquisitions group.
He is to direct the groups research activities, which include identifying consolidation trends, tracking mergers and acquisitions and capital markets, and developing insights on technical transaction issues.
Mr. Bernard was a senior vice president and sell-side equity research analyst at First Union Securities Inc., where he had worked four years. Before that he had been a vice president and assistant director at Southwest Securities Inc. for a year.
Mr. Bernard is based in the Chicago office of U.S. Bancorps investment banking subsidiary.
MIDDLE ATLANTICBear, Stearns & Co. in New York has hired Mary Tanner to be a senior managing director in its health-care investment banking practice.
Ms. Tanner was a managing director at Lehman Brothers, where she worked for 20 years and became the firms first woman partner in 1984.
Prudential Securities Inc. in New York has promoted Michael Rice to executive director of its 290-branch retail system.He is in charge of the firms divisional officers, training and professional development, finance, branch administration, retail risk management, retail recruiting, and branch real estate.
Mr. Rice was named chief administrative officer of the firms private-client group last year. He joined Prudential in 1997 as director of strategic initiatives for the group. Before that he had been a vice president and branch manager at Smith Barney in New York.
SOUTHEASTProvident Bank of Florida in Sarasota has hired Maureen Hurst Woodward as a vice president for its private-client group.
Ms. Woodward was an executive vice president at PNC Bank of Pittsburgh. She has 26 years of financial services experience in private banking, corporate lending, sales and marketing management, and customer relationship management.
Freddie Mac in McLean, Va., has named Donald J. Dilucchio its north-central regional vice president of sales in the single-family division.Mr. Dilucchio was vice president of corporate sales in Freddies single-family securitization groups marketing, sales, and production unit. He has worked at Freddie since 1987 in jobs that include managing sales and marketing from Ohio to Minnesota.
WESTUnionbancal Corp. in San Francisco has named William J. Stolte, a former deputy comptroller and chief national bank examiner in the Office of the Comptroller of the Currency, to be executive vice president and deputy group head of its independent risk monitoring group.
He reports to deputy chairman Yoshishiko Someya and the board of directors. He is expected to become the groups head in January, succeeding Michael L. LaRusso, who joined the company in January as a consultant. Mr. Someya was named acting head of the group while Mr. LaRusso works on the transition with Mr. Stolte.
Mr. Stolte, 54, remains the companys general auditor, a post he has held since July when he joined Unionbancal from Deloitte & Touche, where he was a managing director in the credit risk management group.
He had been a senior vice president of the company and its Union Bank of California. During a 24-year OCC career, he was, as chief national bank examiner, responsible for the assessment, development, and refinement of the agencys risk management policy. As deputy comptroller he was responsible for its operations in the western United States.
Unionbancal has nearly $34 billion of assets and is mostly owned by Bank of Tokyo-Mitsubishi Ltd.
