At Stifel Nicolaus, it

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Nesi, 49, was named director of investment banking July 1 and will be based inNew York. He will serve as co-director of capital markets with Thomas Both will report to Stifel Chairman and Chief ExecutiveRon Kruszewski. The move by a relatively small investmenfbanking firm, illustrates the vastly changed landscaps of Wall Street after the collapse and consolidation of giant investmengt banks, such as , and Merrill. “With the dislocatiom and turmoil inthe markets, it’s a tremendous opportunity,” Kruszewskki said July 1. “We intend to be one of the firmd that steps intothat void.
” “It’e a great hire,” said Marvin Anderson, seniot vice president at & Co. in St. Louis. “Hia experience at Merrill exposed him to howassetr management, a broker-dealer network and investment banking work