Stifel, Nicolaus & Co. Inc. of St. Louis has hired Kent Carstater as a managing director in the financial institutions practice of its investment banking division.

Since 2007, Mr. Carstater had been the president of Resource Banking Advisory and Management, a subsidiary of the New York asset management company Resource America Inc. In that job, he oversaw minority interest investments in banking institutions.

Before that he had been a principal investment banker at Keefe, Bruyette & Woods Inc., where he was an adviser for mergers and acquisitions as well as capital markets transactions. Earlier he had worked for Wheat First Butcher Singer Inc.

MIDDLE ATLANTICFulton Financial Corp. of Lancaster, Pa., has promoted E. Philip Wenger to president and chief operating officer.

Mr. Wenger will remain the chairman of the company's Fulton Bank.

He was also the senior executive vice president for the parent company. He was given both jobs in 2006.

Before that he had been the bank's president and chief executive officer since 2003. Earlier he had been the senior vice president of Lancaster, York, and Chester counties. He joined Fulton Bank's Management Training Program in 1979.

As the president, he will succeed R. Scott Smith Jr., who will remain Fulton Financial's chairman and CEO. The chief operating officer position is a newly created one.


 Milberg LLP of New York has hired Jonathan M. Landers as a partner and the head of its bankruptcy practice.

He was a partner at Gibson, Dunn, & Crutcher LLP. Before that he had been the lead counsel for several companies, including Finova Group Inc., Odyssey Group LLC, Divi Hotels, and S.S. Retail Stores.

He also has represented companies such as Merrill Lynch & Co. Inc. in the Enron Corp. and Adelphia Communications Corp. bankruptcy cases. In the Placid Oil Co. bankruptcy case, he represented companies such as Wells Fargo & Co.

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