CHARLOTTE, N.C., Feb. 4 /PRNewswire-FirstCall/ -- Deirdre A. Martini
has joined Wachovia Capital Finance as a managing director focusing on
business development for the restructuring sector in the Northeast United
States. She will be based in New York.
Martini reports to Barry A. Kastner, managing director, Wachovia
Capital Finance. "We are pleased to add Deirdre's extensive background and
expertise to our platform," Kastner said. "Because of her experience, she
lends a valued perspective to our team supporting our strategic commitment
to this restructuring sector in a high-focus area for our business and
clients."
Martini comes to Wachovia from CIT Group, where most recently she was
managing director and senior restructuring advisor for Commercial Finance
and the National Restructuring Group. Prior to that, she was appointed by
the U.S. Attorney General as the United States Trustee in the Southern
District of New York. In that role, she oversaw the administration of some
of the largest and most complex chapter 11 restructurings in recent
history.
Martini also served as chair of the restructuring practice at Ivey,
Barnum & O'Mara, LLC in Greenwich, Conn., and was an Assistant United
States Attorney for the District of Connecticut, representing federal
agencies in the bankruptcy court and prosecuting bankruptcy crimes. She
received a doctor of law degree from Quinnipiac University School of Law in
New Haven, Conn., and holds a bachelor's from New York University. She is
currently an adjunct professor of law at St. John's University in Queens,
New York.
About Wachovia Capital Finance
For 60 years, Wachovia Capital Finance, one of the top three North
American asset-based loan (ABL) providers as measured by committed
facilities, has offered a broad spectrum of financing solutions and
specializes in lines of credit from $7.5 million to more than $1 billion.
Wachovia Capital Finance is part of the Corporate and Investment Bank of
Wachovia Corporation.
About Wachovia
Wachovia Corporation (NYSE: WB) is one of the nation's largest
diversified financial services companies, with assets of $782.9 billion and
market capitalization of $75.3 billion at December 31, 2007. Wachovia
provides a broad range of retail banking and brokerage, asset and wealth
management, and corporate and investment banking products and services to
customers through 3,400 retail financial centers in 21 states from
Connecticut to Florida and west to Texas and California, and nationwide
retail brokerage, mortgage lending and auto finance businesses. Globally,
clients are served in selected corporate and institutional sectors and
through more than 40 international offices. Our retail brokerage operations
under the Wachovia Securities brand name manage more than $1.2 trillion in
client assets through 17,900 registered representatives in 1,500 offices
nationwide. Online banking is available at wachovia.com; online brokerage
products and services at wachoviasec.com; and investment products and
services at evergreeninvestments.com.
SOURCE Wachovia Corporation
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