SunTrust Equitable Securities Corp. has hired three managing directors - two of them, Alan Sandler and Charles T. Manuel, from Volpe Brown Whelan & Co., a San Francisco investment bank that Prudential Securities bought Dec. 13.

The third, R.C. Smith, came from Banc of America Securities in Charlotte, N.C.

Mr. Sandler will be in charge of the San Francisco office that the SunTrust unit is expected to open next month. He was a managing director of institutional equity sales at Volpe Brown's San Francisco office. (The firm, which focused on technology and health care, is now Prudential Volpe Technology Group.) He has 30 years of equity capital market experience.

Mr. Manuel will be a managing director of investment banking in the SunTrust unit's Boston office, focusing on the technology industries. He had been a managing director at Volpe Brown's Boston office, specializing in enterprise software, electronic payment processing, and bank Internet technology, e-commerce, and communications services. He has 17 years of investment banking experience.

Mr. Smith will co-head mergers and acquisitions activities in SunTrust Equitable Securities' Atlanta office. Before joining Bank of America he worked at Credit Suisse First Boston. He has eight years of investment banking experience.


MIDWESTM&I Data Services in Milwaukee has promoted Rick Roy to senior vice president of the customer relationship management team.

Mr. Roy will be in charge of customer relationship management and the data warehouse products division.

He was head of M&I Data Services' customer relationship solutions division. He joined the company nine years ago.

Commercial Federal Bank in Omaha has promoted Nancy A. Luchtel to training manager and Annette L Spreier to vice president and customer assistance manager.

Ms. Luchtel will be in charge of all retail trainers and training sites in the six states in which the company operates.

She was assistant training manager. She joined Commercial Federal Bank seven years ago and has worked as consumer lending operations supervisor, retail administration operations coordinator, and sales development consultant there.

Ms. Spreier was a customer service manager at the company's Lakewood, Colo., office. She joined Commercial Federal in 1998. She worked at First Federal Bank in Lakewood, Colo., which Commercial Federal Bank bought in 1998.


MIDDLE ATLANTICCadwalader, Wickersham & Taft in New York has hired David Kanefsky as special counsel in its corporate department.

Mr. Kanefsky, 34, will work primarily in investment company and investment advisor issues.

He was compliance director at MacKay-Shields Financial Corp, an investment adviser subsidiary of New York Life. Earlier he worked at the law firm Brown & Wood in New York.


The Federal Reserve Bank of New York has promoted Martin C. Grant, Stephanie A. Heller, Michael Nelson, Jonathan I. Polk, and Michael F. Silva to vice presidencies in the legal group.Mr. Grant had been an assistant vice president and counsel in the group since 1997. He joined the bank in 1990 and was promoted to officer in 1993.

Ms. Heller has also been named counsel. She has been an assistant vice president since 1996. She joined the bank in 1991 and was named deputy to the ethics officer in 1994. She was promoted to officer in 1995.

Mr. Nelson was an assistant vice president and counsel since he rejoined the bank in 1997. He left the New York Fed in 1995 after six years to work as a vice president and senior counsel for Merrill Lynch in New York.

Mr. Polk had been an assistant vice president since 1996. He rejoined the bank in 1992 and was promoted to counsel and officer in 1993. He left the New York Fed in 1989 after three years to work at the law firm of Miller & Wrubell PC.

Mr. Silva had been an assistant vice president since 1996. He joined the New York Fed in 1992 and was appointed counsel, officer, and assistant secretary in 1995.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.