RICHMOND, Va., April 23 /PRNewswire-FirstCall/ -- BB&T Capital Markets
today said that Rick Knop will move from co-head of the firm's defense and
government services unit to a new role supporting the firm's international
investment banking business. The move means that the BB&T Capital Markets |
Windsor Group unit now will be managed by existing co-heads John Allen and
John Hagan.
Knop has served as one of three co-heads of BB&T Capital Markets |
Windsor Group since 2005 when BB&T Capital Markets acquired middle-market
investment bank Windsor Group LLC of Reston, Va., to boost BB&T's defense
and government services platform. Knop founded Windsor Group in 1992 and
served as its chairman and co-chief executive officer until the merger with
BB&T Capital Markets.
BB&T Capital Markets | Windsor Group has completed 56 transactions
worth more than $4 billion in the defense and government services market
since 2005. Transaction sizes have ranged from $20 million to nearly $1
billion.
"This is a group that has experienced virtually no turnover among its
senior investment banking team, said Bill Tyson, co-head of Investment
Banking for BB&T Capital Markets. "As a result, we believe we have the
largest cadre of industry-experienced investment bankers in the defense and
government services market. The continuity, experience and energy of this
team has been the key to our market leadership."
Richmond-based BB&T Capital Markets offers an integrated platform of
mergers and acquisition advisory services; public and private debt and
equity services; and corporate banking to corporations, governments and
nonprofit organizations. More information is available at
BBT.com/CapitalMarkets.
BB&T Capital Markets is a division of Scott & Stringfellow Inc., a
registered broker/dealer and wholly owned subsidiary of Winston-Salem,
N.C.-based BB&T Corporation (NYSE: BBT).
With $136.4 billion in assets, BB&T Corp. is the nation's 14th largest
financial holding company. It operates nearly 1,500 financial centers in 11
states and Washington, D.C. More information about the company is available
at BBT.com.
SOURCE BB&T Corporation
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CONTACT:
Bill Tyson, Co-Head-Invest. Banking of BB&T
Capital Markets, +1-804-782-8774, Jake Savage Co-Head-Invest.
Banking of BB&T Capital Markets, +1-804-780-3230; or Jeff
Nichols, Vice President of BB&T Corp. Communications,
+1-336-733-1472
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