Daniel L. Black, a 16-year veteran of Bank of New York Co. and co-head of its U.S. commercial banking group, is jumping to Utendahl, a minority- owned financial services and advisory firm.

On Monday, Mr. Black, 38, is to join the firm's investment banking and broker-dealer unit, Utendahl Capital Partners, as president and chief operating officer. His last day at Bank of New York is today.

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