Career moves

Mallen will take over CFO duties from Amy Potter, who has been serving a dual role as CFO and deputy chief executive officer since December 2022.

The broker-dealer expands by creating its newly established public finance group in California.

"Jason has a proven record as an outstanding leader who brings clarity, decisiveness and expertise to his role with our Fixed Income Capital Markets division," said HilltopSecurities CEO Brad Winges.

Kristin Stephens will head the northeast region and David Moffett the southeast.

Jackie Wells, a former FINRA enforcement director, is the second leader from the industry's self-regulating body to join the firm in recent months.

Maggio joins KeyBanc from Hilltop Securities, where he was co-head of capital markets.

Mayor John Whitmire expressed confidence in Melissa Dubowski's ability to guide the city through its financial challenges.

Katz is well known for guiding operational improvement and expense control in the financial services sector, his new employer said.

"Hiring Giles along with other senior and experienced hires over the last year demonstrates our deep commitment to public finance at a time when our competitors are laying off in droves or retrenching from the sector entirely," said Suzanne Shank, president and CEO of Siebert Williams Shank.

Hilltop plans to hire others over the next 12 to 18 months.

The MSRB board member has joined the Institute's public finance team.

Coolidge joins Oppenheimer from UBS, which closed its public finance business in October.

Nelson Pérez Méndez will become the interim Secretary of the Treasury.

When it comes to sectors, Miller said he likes charter schools, healthcare, land-secured debt and some industrial revenue bond positions.

Affordable housing expert Marian Zucker retired on Dec. 1 as head of S&P Global Rating's housing group after over 40 years of working in the public and private sectors of the municipal bond industry.

Marina Wiant was named to head California treasurer committees that set the debt limit, determine how the private-activity capacity is deployed and play a critical role in financing the construction of affordable rental housing in the state.

Blaylock Van is bolstering its overall institutional capabilities and reaffirming its commitment to the muni market, said Leonard Jones, executive director of municipal banking and head of public finance, at the firm.

Musalem, an economist, is a former executive vice president of the Federal Reserve Bank of New York.

Joe Ferguson, who served as Chicago's inspector general under three mayoral administrations, replaces Laurence Msall, who died earlier this year.

A group of about 10 bankers reportedly is departing Citi for Jefferies.