New Muni Head at PNC

PNC Capital Markets LLC has hired Rob Dailey to lead its public finance banking business.

Dailey has more than 27 years of experience in public finance and capital markets and most recently spent 18 years in public finance at JPMorgan.

He will work in Philadelphia and report to Terry Begley, chief executive officer of corporate banking at PNC.

"Public finance is a critical piece of our local market, community and capital markets strategies," Begley said. "With the addition of Rob Dailey, we are well-positioned to serve our existing clients, as well as add new relationships throughout our markets and continue to grow the business."

PNC in 2011 ranked 25th in the nation among senior managers, measured by par value, according to Thomson Reuters.

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