Allen & Co, the boutique investment bank known for its annual conference in Idaho’s Sun Valley, has hired Bank of America veteran Scott Bacigalupo to expand its stock-trading business, people with knowledge of the matter said.
Bloomberg News reports that Bacigalupo, 43, joined the closely held firm in June as a managing director after 21 years at Bank of America, said the people, asking to not be identified discussing personnel. He had led cash equity sales and trading for the Americas before leaving the bank in March.
In the meantime, Bloomberg also reports that Greenhill & Co has promoted three dealmakers to replace Dhiren Shah, the head of its technology, media and telecommunications team, who’s leaving, according to a person with knowledge of the moves.
Bryce Dakin, who joined the takeover adviser in February, will lead global technology banking from San Francisco, said the person, asking not to be identified discussing personnel matters. Greg Miller will oversee media deals, while Gil Ha handles telecommunications.