Thomas Chen Joins Piper Jaffray as Co-Head of the Financial Institutions Investment Banking Group
January 26 2006 - 10:48AM
PR Newswire (US)
NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- Piper Jaffray & Co.
is pleased to announce that Thomas Chen has joined the firm as
co-head of the Financial Institutions Investment Banking Group.
Chen will be the first group head to be based in the Piper Jaffray
New York office and will help manage the firm's initiatives to be a
leader in serving clients in the financial institutions industry.
"We are thrilled to have Tom join us to help drive our financial
institutions investment banking business, where we strive to
deliver creative and tailored solutions for our clients," said Jon
Salveson, head of Investment Banking at Piper Jaffray. "Tom has
more than 13 years of experience in serving the investment banking
needs of financial institutions and has developed extensive client
relationships and an impressive M&A track record during his
career. We look forward to having Tom's knowledge, leadership and
strategic focus at Piper Jaffray. He will be a tremendous asset to
our firm." Chen joins the firm from Banc of America Securities,
where he was a managing director and head of the Diversified
Financial Services Group. He began his career in the Financial
Institutions M&A Group at Merrill Lynch & Co., where he
spent 10 years and was a managing director. In his career, Chen has
completed more than 35 M&A transactions totaling more than $80
billion in deal value and has also completed numerous debt and
equity capital raising transactions on behalf of his financial
institution clients. Chen graduated Phi Beta Kappa with a
bachelor's degree in economics from Allegheny College in Meadville,
Pa., where he is currently a member of its board of trustees. He
received his master's of management degree from the Kellogg
Graduate School of Management at Northwestern University in
Evanston, Ill. Piper Jaffray & Co. is the chief operating
subsidiary of Piper Jaffray Companies (NYSE:PJC), a focused
securities firm dedicated to delivering superior financial advice,
investment products and transaction execution within selected
sectors of the financial services marketplace. The company operates
through two primary revenue-generating segments: Capital Markets
and Private Client Services. Piper Jaffray & Co. has served
corporations, government and non-profit entities, institutional
investors and the financial advisory needs of private individuals
since 1895. With headquarters in Minneapolis, Piper Jaffray has
approximately 2,900 employees in 107 offices in 23 states across
the country and in London. For more information about Piper
Jaffray, visit us online at http://www.piperjaffray.com/ . Since
1895. Member SIPC and NYSE. First Call Analyst: FCMN Contact:
DATASOURCE: Piper Jaffray & Co. CONTACT: Susan Beatty, Media
Relations of Piper Jaffray & Co., +1-612-303-5680 Web site:
http://www.piperjaffray.com/
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