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March 08, 2005
Kevin J. Smith Joins Wachovia Securities Industrial Growth Investment Banking Group
CHARLOTTE, N.C. --- Wachovia Securities announced today that Kevin J. Smith has joined the firm as a Managing Director in the Industrial Growth Investment Banking practice, reporting to Stewart Wallace, Head of Wachovia's Industrial Growth Investment Banking Group.
In his new role, Smith will be responsible for covering Wachovia's client base of capital goods companies and will be based in Charlotte.
"We are very excited about the significant investment banking experience that Kevin brings to the firm," Wallace said. "His work with a wide range of industrial companies, both private and large- and small- cap, providing strategic advice and transaction execution on mergers and acquisitions, as well as capital raising in both the debt and equity markets, will bolster the already strong momentum of this group in the capital goods sector."
Prior to Wachovia, Smith was a Managing Director in the Mid-Corporate Investment Banking Group at JPMorgan Securities in Chicago, where he was responsible for originating corporate finance solutions for mid-cap and private clients in the Midwest market. Previously, Smith worked in New York for JPMorgan Securities covering diversified industrial clients.
Smith holds his M.B.A, with an emphasis on financial analysis and international business, from Yale School of Organization and Management and a B.A. in Economics from Keynon College.
Wachovia Securities is a full-service investment bank providing clients with equity, fixed income, and convertible research, financial sponsors coverage, corporate finance, sales and trading, and mergers and acquisitions advisory services. In addition, Wachovia Securities provides such products as debt and equity financing, loan syndications, derivatives, equity investments, asset securitization, treasury services and international correspondent banking.
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $493.3 billion, market capitalization of $83.5 billion and stockholders' equity of $47.3 billion at December 31, 2004. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve customers primarily in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, serves clients in 49 states and five Latin American countries. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through Wachovia.com.
Wachovia Securities is the trade name for the corporate and investment banking services of Wachovia Corporation and its subsidiaries, including Wachovia Capital Markets, LLC, member NYSE, NASD, SIPC.
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