CHICAGO - Veteran St. Louis-based public finance banker Richard Ryffel joined retail stalwart Edward Jones this month - his hiring coming one month after Banc of America Securities LLC cut his position and others in St. Louis, Chicago, New York City.

Ryffel, 45, had worked at the broker-dealer arm of Charlotte-based Bank of America Corp. for nearly six years, serving as a the Midwest team leader. During his tenure, he helped boost the firm's local rankings and hired several public finance professionals. He moved over to Banc of America after a 12-year tenure at A.G. Edwards & Sons Inc., which merged last year with Wachovia Corp.

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