KBW Inc., a publicly traded investment bank, has added James Harasimowicz and Joseph Gulash as managing directors in the Depository Investment Banking Group. Harasimowicz joins in New York, and is anticipated to become the head of the firm’s Chicago office, the firm said. Gulash, who is based in San Francisco, joins from D.A. Davidson & Co. where he led merger and acquisition and capital markets transactions.
KBW, Inc. (NYSE: KBW), a full-service investment bank that specializes in the financial services sector, today announced that investment bankers James Harasimowicz and Joseph Gulash have joined the firm as Managing Directors in the Depository Investment Banking Group. These hires represent a continuation of the firm’s investment in its core depositories business.
Mr. Harasimowicz has rejoined KBW’s investment banking platform in New York for a transition period and is anticipated to become the head of the firm’s Chicago office in early 2012. An industry veteran with more than 24 years of experience, Jim has served as Co-Head of the Merrill Lynch’s Depository Group, was a Managing Director at Salomon Smith Barney and a Principal at KBW. Most recently he was a founder of Longview Partners LLC, a multi-strategy hedge fund specializing in financial services. Over his career he has worked on $25 billion in transactions including several major bank mergers and transformational acquisition financings. He has helped develop leading edge capital instruments for financial institutions and supported the creation of several start-up banking, specialty finance and real estate companies. He brings a unique perspective in industry leadership, investment banking experience and overall industry knowledge. Mr. Harasimowicz earned a B.A. in Economics from Middlebury College.
Mr. Gulash, who is based in the San Francisco office, joins KBW from D.A. Davidson & Co. where he led merger and acquisition and capital markets transactions for banking companies in the Western United States. He covers financial institutions across the region, including California, the Southwest, the Pacific Northwest, and the Rocky Mountains. Mr. Gulash has advised on transactions in excess of several billion dollars and his experience includes sourcing, negotiating, and executing whole-bank, branch and FDIC-assisted M&A transactions and public and private equity offerings. He is also a frequent speaker on industry topics at banking events and conferences. Earlier in his career, Mr. Gulash provided management and strategic consulting services to financial services companies at PricewaterhouseCoopers and IBM. He is a graduate of the University of Arizona.
“Both Joe and Jim are exceptional additions to our investment banking group. They bring tremendous track records and relationships across the banking sector,” noted Thomas Michaud, KBW President & Chief Executive Officer. “For nearly 50 years, KBW has served the banking industry. By adding both Jim and Joe, we solidify the KBW team as one of the broadest, most experienced and creative investment banking teams in this important sector.”
KBW, Inc. operates in the U.S., Europe and Asia through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and Keefe, Bruyette & Woods Asia Limited. Celebrating its 50th anniversary, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking, real estate and specialty finance sectors. Founded in 1962, the firm maintains industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities and debt securities of financial services companies.
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