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Macquarie strengthens US Financial Institutions group

Macquarie Group has strengthened its US Financial Institutions group with the appointment of Michael McClintock as senior managing director, Macquarie Capital, effective 1 September 2011.

Based in Macquarie’s New York office, McClintock will focus on coverage of banks and thrifts across the small and mid-cap area.

McClintock has over 30 years of FIG corporate advisory experience, and will join from FBR Capital Markets where he served as managing director in their FIG since 2004.

Prior to FBR, McClintock held a number of FIG-focused roles including co-head of the FIG at Advest from 2002 to 2004, and managing director and head of FIG at CIBC from 1991 to 2002.

Macquarie senior managing director and US head of FIG John Roddy said McClintock appointment adds significant depth to the existing banks and thrifts advisory practice, particularly his notable expertise in the FDIC-assisted transaction space and financial sponsor related situations.

Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services. Its main business focus is making returns by providing a diversified range of services to clients.