U.S. Bancorp Piper Jaffray in Minneapolis has hired Corey Redfield to be manager of general capital markets strategy and research, a newly created post in this division of its fixed-income capital markets operation.
He will be in charge of developing fixed-income portfolio strategy, market commentary, trade ideas, and customer communications, said Joe Tessmer, manager of general capital markets, to whom Mr. Redfield will report.
Mr. Redfield owned and operated Arbitrage Asset Management, a commodity trading adviser, and Bondseye.com, an Internet company with bond market content. He remains involved with both companies.
Earlier he was in charge of the fixed-income division of Investors Management Group Ltd. in Des Moines and was a fixed-income derivatives specialist at Merrill Lynch & Co.
U.S. Bancorp Piper Jaffray is the investment banking arm of $79.5 billion-asset U.S. Bancorp.
National City Bank in Cleveland has promoted assistant vice president Thomas Gilchrist to vice president in its private-client group and hired Susan A. Reedy to be an assistant vice president and private banker in the group.Mr. Gilchrist, a trust officer, manages investments and trust relationships. He joined National City in 1994 as a management trainee in the trust department. Previously, he had practiced law.
Ms. Reedy was a private banker at Key Bank in Cincinnati; she has 16 years of experience.
National City Bank is a unit of $85 billion-asset National City Corp.
Former Citibank official Kenneth F. Hall has joined Winston & Strawn as of counsel in its corporate department.The New York law firm said Mr. Hall will focus on financial institution regulatory matters, especially those involving technology.
Mr. Hall came from the Financial Services Compliance Network, where he had been president for two years. He was a general counsel, director, and assistant secretary at Citibank in Washington from 1993 to 1996, managing legal affairs for its national bank and federally chartered thrift there. Until 1993 he had been senior compliance counsel for the retail and wholesale banking and related securities and insurance operations of Fleet Bank. He also was a senior attorney at the Office of Thrift Supervision for four years.
Comerica Bank of Detroit has promoted first vice president Christopher J. Stearns to manager of the Florida and Illinois groups in its national dealer services organization and Greg E. Leach to first vice president in charge of sales and marketing for its Florida private banking group.The dealer services organization's seven offices provide credit for automobile dealers in 24 states.
Mr. Stearns, who was also named national accounts manager, was a credit administration officer and department manager for dealer operations and audit in the Coral Springs, Fla., office. He has 20 years of experience at Comerica, mostly in Detroit.
Mr. Leach, who is based in Palm Beach Gardens, Fla., is responsible for administration of client development, the private bank's Florida branch system, and Comerica Securities, a broker-dealer affiliate. He reports to Randy Nobles, Florida region president. He is also chief client officer and a member of the bank's senior management team.
He joined Comerica in 1995 in the private banking division and has 20 years of personal banking experience.
The parent, Comerica Inc., has $37.2 billion of assets.
Mellon Financial Corp.'s private asset management unit has hired Elyssa J. Kupferberg to be vice president and director of its Boca Raton, Fla., market.Ms. Kupferberg came from Chase Manhattan's private bank, whose South Palm Beach County, Fla., market she managed. Earlier in her 11 years at Chase she was senior credit officer for the Florida region and manager of a middle-market lending division in New York.
Before joining Chase she was a corporate lending officer at European American Bank in New York. Pittsburgh-based Mellon Financial has $87 billion of assets under management and administration.