LaSalle Bank, a Chicago subsidiary of ABN Amro North America Inc., has hired Michael M. Bastian as a managing director in its corporate finance group, which provides merger and acquisition advisory services to clients involved in transactions valued at under $500 million.

Mr. Bastian, 47, was an investment banker in the middle-market M&A group in the Chicago office at Merrill Lynch & Co., where he worked for seven years. Before that he had held a similar job for 10 years at First Chicago Corp. (First Chicago merged with NBD Bancorp Inc. in 1995 to form First Chicago NBD Corp., which Bank One Corp. bought in 1998.)

He has 17 years of investment banking experience advising public and private companies and private equity groups in M&A transactions.

McDonald Investments Inc., a Cleveland unit of KeyCorp, has hired David M. Powlen as a co-manager of its restructuring group.

Mr. Powlen was also named a managing director at McDonald. He was a partner at the Indianapolis law firm of Barnes & Thornburg, where he had worked since 1978 and had been the chairman of the creditor rights department since 1994.


American Express Co. in New York has elected Charlene Barshefsky and Peter R. Dolan to its board of directors.

Ms. Barshefsky, 50, is the senior international partner of the Washington law firm of Wilmer, Cutler & Pickering, which she joined this year. Before that she had been the U.S. trade representative - a member of the President's cabinet and the chief U.S. trade negotiator and principal trade policy maker - for five years.

Still earlier she had been a partner and a co-chairwoman of the international practice group at the Washington law firm of Steptoe & Johnson.

Mr. Dolan, 45, has been the president and chief executive officer of Bristol-Myers Squibb Co. since May. He has held executive and management jobs at the company since he joined it in 1988.

American Century Investments, a Kansas City, Mo., investment management company in which J.P. Morgan Chase & Co. owns a 45% stake, has promoted Raymond Kong to a portfolio manager in the international equity investment team.

He was also named a co-portfolio manager of the American Century Emerging Markets Fund. He is based in New York.

Mr. Kong, 36, was a managing director and a senior international investment analyst for three years in the company's Singapore office. He joined American Century in 1993.

Lehman Brothers in New York has hired James McCormick as its deputy head of foreign exchange research and the head of quantitative foreign exchange research.

He reports to Russell Jones, the global head of foreign exchange research.

Mr. McCormick was a senior strategist for three years in the foreign exchange group at J.P. Morgan Chase & Co., where he worked for eight years.


Mellon Financial Corp. in Pittsburgh has hired Robert W. Kelly as the managing director in charge of the California sales team at Mellon Private Asset Management.

Mr. Kelly was also named a senior vice president of the Mellon unit.

He was a principal and the managing director in charge of business development and service activities in the private client group at Sanford C. Bernstein & Co. Inc. in New York. He has 17 years of financial services experience in business development and investment management.

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