Wednesday, November 25, 2009

FBR Capital Markets Announces Appointment

FBR Capital Markets announced the addition of four analysts to its research platform.

Alex Potter has joined FBR Capital Markets’ subsidiary Friedman, Billings, Ramsey International as senior vice president within financial institutions research.

Eric Tracy has joined FBR Capital Markets’ consumer group as Senior Vice President in Arlington, Virginia.

Marc de Croisset has joined the firm’s energy & natural resources group in New York as vice president.

Chris Wetherbee has joined the firm’s diversified industrials group in New York as vice president.

Mr. Potter broadens FBR Capital Markets’ coverage of European Financials and expands the firm’s London-based European Research platform launched earlier this year. With 12 years of experience in equity research covering financial institutions, Mr. Potter joins FBR Capital Markets from Collins Stewart.

Mr. Tracy adds coverage of Branded Apparel, Footwear & Retail companies to FBR Capital Markets’ consumer group. He was previously senior vice president within BB&T Capital Markets’ consumer softlines research group.

Mr. de Croisset has joined FBR Capital Markets’ energy & natural resources group to introduce coverage of utilities. He most recently covered U.S.-regulated electric utilities as an analyst with Macquarie Capital and earlier covered the sector at Citigroup. He began his career at UBS as a financial analyst within its investment banking group.

Mr. Wetherbee has joined FBR Capital Markets’ diversified industrials group with coverage of the airfreight, surface & marine transportation sector. He began his career at Merrill Lynch in 1999 and was most recently a vice president in transportation equity research at Bank of America Merrill Lynch. -PrimeNewswire