Angelo Vigna, former senior thrift regulator, joins Sandler O'Neill & Partners, L.P.NEW YORK--(BUSINESS WIRE)--February 12, 1996--Angelo A. Vigna, formerly Northeast Regional Director for the Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established as a bureau of the Treasury Department in August 1989 as part of a major Reorganization Plan of the thrift regulatory structure mandated by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C.A. (OTS See Office of Thrift Supervision. ), has joined Sandler O'Neill & Partners, a full-service investment banking firm for financial institutions, as Managing Director. Mr. Vigna will assist the firm in expanding its corporate strategies activities, which encompass capital management, mutual-to-stock conversions, assessment of merger and acquisition opportunities, and takeover defense takeover defense See shark repellent. work. "Angelo Vigna is a highly respected leader in the thrift industry," said Mark B. Cohen Mark B. Cohen (born 1949) is a state legislator and state legislative leader in the Commonwealth of Pennsylvania. He is a member of the Pennsylvania House of Representatives and the Democratic Party. , Principal, Sandler O'Neill & Partners. "He will provide important counsel to managements at a time of rapid change in the financial services industry." Mr. Vigna has been responsible for overseeing the examination and supervision of all thrift institutions in eleven Northeastern states. Collectively, these 280 institutions have assets of approximately $130 billion. His distinguished career as a banking regulator began in 1964, when he became a Field Examiner for the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. . In addition, Mr. Vigna has previously served as District Director of the New York Office of the OTS, a Senior Executive Vice President of the Federal Home Loan Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , and Acting Director for the Federal Savings and Loan Insurance Corporation The Federal Savings and Loan Insurance Corporation (FSLIC) is a now-defunct institution that once administered deposit insurance for savings and loan institutions in the United States. . He was appointed Northeast Regional Director of the OTS in 1990. Mr. Vigna said, "I am pleased to have the opportunity to join Sandler O'Neill. The firm has developed an outstanding reputation because of its exclusive focus on middle-market banks and thrift institutions, the breadth and depth of its services, and the dedication of its professionals. I look forward to helping clients meet the challenges and opportunities they face in the years ahead." Founded in 1988, Sandler O'Neill & Partners is an investment banking firm dedicated to providing comprehensive advisory services to its clients. The firm specializes in strategic business planning, investment portfolio and interest rate risk management, fixed-income securities transactions, mergers and acquisitions, conversions, analysis of capital-raising alternatives, equity sales, trading and research, and mortgage finance restructurings. CONTACT: Paul Steidler/Jackie Day Morgen-Walke Associates, Inc. (212) 850-5600 |
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