Dain Rauscher Wessels Expands Financial Services Banking Team With Three Hires in San Francisco.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--March 21, 2000 Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, has hired three corporate finance investment bankers to join its financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. banking team in its San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden office. Murray Bodine, managing director; Greg Madding, managing director; and Edward Murphy Edward Murphy can refer to any one of the following:
Bodine and Madding each had been a managing director at First Security Van Kasper, leading the investment banking activities for the financial services group. Bodine, who has more than 20 years of investment banking experience, previously worked as an investment banker at Hoefer & Arnett and Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. . Madding, a 17-year corporate finance veteran, earlier worked at Hoefer & Arnett, Salomon Brothers
Salomon Brothers was a Wall Street investment bank. and Prudential Bache Securities. Murphy had been a vice president at First Security Van Kasper, serving as an investment banker with the financial services group. Earlier in his career, Murphy worked with Hoefer & Arnett and Bank of America. "DRW DRW Drawing(s) DRW Dual Rear Wheels (pickup truck) DRW Detroit Red Wings DRW Darwin, Northern Territory, Australia (Airport Code) DRW Dr Who has had a strong presence in equity and debt underwriting in the financial services industry for many years," said David Welch, managing director and head of financial services investment banking at Dain Rauscher Wessels. "Growing our investment banking presence in San Francisco complements our Minneapolis efforts as well as our technology and health care banking presence in nearby Menlo Park. It also puts us in close proximity to our West Coast corporate clients who are in the financial services sector and our research analysts who focus on financial companies in the region." Dain Rauscher Wessels has expanded its financial services team in recent months in San Francisco with the addition of Joe Morford, research analyst who covers banks and finance companies primarily on the West Coast, and Jeff Runnfeldt, research analyst following e-finance companies. The firm also recently hired Jon Arfstrom, based in Minneapolis, to follow Midwestern and Southwestern banks and diversified finance companies. Overall, the financial services research and banking team consists of nearly 20 employees. The Dain Rauscher Wessels division includes equity research, equity trading, institutional equity sales and corporate finance. The division's 40 investment bankers and 38 analysts focus on five industries: consumer, energy, financial services, health care and technology. Currently, the analysts follow more than 400 companies. The division, which employs 350 people, has offices in Austin, Texas; Boston; Chicago; Dallas; Houston; Menlo Park, Calif.; Minneapolis; New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ; San Francisco; Seattle; and Tel Aviv, Israel(a). Dain Rauscher Incorporated provides investment services to individual investors and small businesses through offices in 26 predominantly western states, investment banking services to corporations and municipalities nationwide, and trade clearing and settlement services to nonaffiliated broker-dealers throughout the United States and abroad. Minneapolis-based Dain Rauscher Incorporated, one of the nation's largest full-service securities firms, is a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and other major securities exchanges as well as the Securities Investor Protection Corp. Dain Rauscher Corporation, its parent company, trades on the New York Stock Exchange under the symbol DRC DRC Democratic Republic of Congo DRC Down (Stage) Right Center DRC Director(ate) of Reserve Components DRC Disability Rights Commission (United Kingdom) . The company's San Francisco office is located at One Market Plaza One Market Plaza is located in San Francisco adjacent to the Embarcadero and consists of two office towers. The buildings of One Market Plaza include the Spear Tower[1] (43 floors- 564 feet (172 m)) and the Steuart Tower[2] , 1100 Steuart St. Tower. (a)Strategic alliance with Tamir Fishman & Co. |
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