CHICAGO - Chicago-based Cabrera Capital Markets LLC has hired LaSalle Financial Services Inc.'s former public finance banking head Steve Eaddy, who will return to his New York City roots as the firm seeks to snare more Northeastern business.

Eaddy, who moved to Chicago in June 2005 to establish a physical banking presence here for M.R. Beal & Co., started at Cabrera in its Chicago office on Monday as a senior vice president in the public finance group reporting to Brian King, head of public finance banking. He will relocate to New York City in four to six weeks, according to Mike Smale, a senior managing director who oversees managing directors in public finance, corporate finance, and equities at Cabrera.

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