Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt

NEW ENGLAND

Bank of America Corp. said that Betsey Greenstein and Michael C. Whitney have been named the presidents of its Maine and New Hampshire banking operations, respectively.

They had the same jobs at Fleet Bank, which B of A bought in April.

Ms. Greenstein, who had been president of Fleet Maine since 1999, is also the manager of B of A's consumer bank in Maine.

Mr. Whitney, who had led Fleet's New Hampshire operations for over a decade, is also B of A's middle-market banking executive for Maine, New Hampshire, Vermont, and central Massachusetts.

MIDDLE ATLANTIC

Prudential Equity Group LLC of New York has promoted Edward Keon to chief investment strategist.

He has been its director of quantitative research since 1998.

Before joining the Prudential Financial Inc. unit he had worked for five years at I/B/E/S International Inc., a market research firm in New York. (The company's parent, Primark Corp., was bought in 2000 by Thomson Corp., which owns American Banker.)

Deutsche Bank AG has hired Amin Majidi as its head of U.S. mortgage strategy and a co-head of mortgage research for the Americas.

Mr. Majidi, who will be based in New York, was a senior portfolio manager at ABP Investments US Inc., a unit of Stichting Pensioenfonds ABP of the Netherlands. Before that he had been a portfolio manager at Priton Capital LP, a fixed-income hedge fund unit of Bear Stearns Asset Management Inc.

Still earlier he had been a vice president and mortgage research analyst at Lehman Brothers Inc.

Deutsche Bank has also hired Steve Lynch as a sector manager in the specialty fixed-income group of its asset management business unit in New York, which uses the brand name Deutsche Asset Management.

Mr. Lynch, who has also been named a director, will be responsible for asset-backed and commercial mortgage-backed investments. …

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