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Janney Hires Five ThinkEquity Bankers, Analysts for Health Unit

Janney Montgomery Scott LLC, the 180-year-old Philadelphia-based brokerage, hired two investment bankers and three research analysts from bankrupt ThinkEquity LLC to start health-care coverage.

Janney added Josh Muntner and Richard Page to lead health-care investment banking in New York, Janney said today in an e-mailed statement. Spencer Nam will lead medical device and diagnostics research, Jim Molloy will cover specialty pharmaceuticals and Kimberly Lee will handle biotechnology, Janney said.