Jonathan Yam has recently transitioned from his role as CTO at Nasdaq Private Market to embrace a new challenge as Head of Trading Technology at FalconX. “It’s a return to crypto and digital assets for me since 2021 when I headed up the Coinbase exchange engineering teams,” he told Traders Magazine. In this new role, Yam will be leading the FinTech engineering teams at the largest crypto prime brokerage to build high-performance trading systems that will power the next generation of digital asset markets for the world’s leading institutions.
KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland-based KeyCorp, has appointed Brendan Grady and Tom Holmes to co-heads of Institutional Sales and Trading reporting to Doug Preiser, KBCM Chief Operating Officer. In these new roles, Holmes and Grady will share management of the equity sales and trading teams and overall strategy with the goal of continuing to grow clients and market share. Tahira Afzal, director of equity research will report to Doug Preiser. In addition to her existing responsibilities, Tahira will join Brendan and Tom to form the leadership group charged with developing strategies to advance the equities platform. Kevin Kruszenski, head of KBCM’s Institutional Equities organization, retired at the end of April after more than 20 years of service.
The Goldman Sachs Group has announced that Rob Kaplan will rejoin the firm as Vice Chairman of Goldman Sachs and a member of the Management Committee. He will be a member of the Executive Office and will be based in Dallas. Most recently, Kaplan served as President and CEO of the Federal Reserve Bank of Dallas from 2015 to 2021. Before serving at the Federal Reserve, he was the Martin Marshall Professor of Management Practice and a Senior Associate Dean at Harvard Business School. Prior to that, he had a distinguished career at Goldman Sachs over the course of more than two decades.
Wells Fargo & Company has named Fernando Rivas as SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee. Rivas and Jon Weiss, who has been CIB’s CEO since February 2020, will lead the business together. Rivas joins Wells Fargo after a nearly 30-year career at JP Morgan Chase & Company (JPMC). He was most recently JPMC’s Head of North American Investment Banking. Prior to that, he was Co-Head of JPMC’s Global Financial Institutions Group.
Jeffrey Haller has joined Evercore as a senior managing director in the financial institutions group based in New York. Haller has more than 20 years of experience working with financial institutions clients. Prior to joining Evercore, he was a managing director in the financial institutions investment banking group at Goldman Sachs, where he helped lead coverage of the wealth and traditional asset management sectors. Prior to that Haller was at RBC Capital Markets in New York and focused on building out investment banking coverage of the U.S. asset management sector.
If you have a new job or promotion to report, let me know at alyudvig@marketsmedia.com
