Sterne Agee Expands Financial Institutions Investment Banking Group
Daryle DiLascia to Head Depository Investment Banking
NEW YORK & BIRMINGHAM, Ala. -- November 27, 2012
Sterne, Agee & Leach, Inc., one of the oldest and largest privately-owned
investment banking and brokerage firms in the country, today announced the
expansion of its Financial Institutions Investment Banking Group with the
addition of Daryle DiLascia, who will manage the firm’s depository investment
banking efforts. Mr. DiLascia will work in Sterne Agee’s New York office.
DiLascia joins Sterne Agee as Senior Managing Director in charge of depository
investment banking affairs for financial institutions and investment banks.
DiLascia joins Sterne Agee from Keefe Bruyette & Woods (KBW) where he served
most recently as Executive Vice President & Co-Head of Equities. He was with
KBW for more than 16 yearswhere he was also a member of their Executive
Committee and spent much of the past five years focused on capital raising,
primarily within the regional and community banking sector.
“We are extremely pleased to have Daryle join Sterne Agee. The depth of his
experience and business acumen will greatly benefit our existing and future
clients,” said Ryan Medo, Executive Managing Director of Equity Capital
Markets. “His strong record of success in raising capital and providing
strategic advice to financial services companies makes him a great addition to
our leadership team.”
The addition of DiLascia broadens and deepens Sterne Agee’s financial
institutions expertise and serves as the latest in a series of moves designed
to expand the firm’s corporate finance coverage initiatives.
“More and more, financial institutions around the country are taking notice of
not just the full-service capabilities of Sterne Agee, but they are also
recognizing the value of the customized experience that our investment banking
team delivers on a daily basis,” said DiLascia. “It’s a great time to be
associated with Sterne Agee and I’m happy to be on board.”
With DiLascia’s involvement, since 2007 KBW assisted financial institutions in
raising more than $170 billion, with $20 billion in a book-runner /
lead-manager capacity, mostly for US Depositories.In addition to public
offerings, he was heavily involved in private placement transactions,
including recapitalizations and opportunistic capital related to mergers,
acquisitions and FDIC-assisted deals. He also worked closely with financial
sponsors related to investments into US Depository Institutions.
DiLascia holds a B.S. in Mathematics from Syracuse University and MBA in
Finance from Boston College.
About Sterne Agee
Founded in 1901, Sterne Agee is one of the oldest and largest privately-owned
investment banking firms in the country employing 1,300 employees in 47
offices in 22 states. Sterne Agee is the trade name used by certain affiliates
of Sterne Agee Group, Inc., including Sterne, Agee & Leach, Inc., member of
NYSE, FINRA, and SIPC. For more information, visit www.sterneagee.com.
Jim Townsend, 205-414-3314
Director of Marketing
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