CHICAGO — New York City-based M.R. Beal & Co. has hired former Fitch Ratings analyst Joseph O’Keefe to promote its Chicago-area banking efforts as it seeks to carve out a larger piece of Midwestern business, especially in a senior manager’s position.

O’Keefe, 55, started at the firm last week as a senior vice president. He will cover Chicago-area issuers and Illinois and seek to expand the firm’s business in Ohio, Michigan, and Wisconsin, according to chief president and chief operating officer Stanley Grayson.

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