Several bank analysts have changed jobs in recent weeks.
Matthew Kelley shared on his LinkedIn profile that he had been hired as a director at JAM FINTOP Bank Network, a collaboration between Jacobs Asset Management and FINTOP Capital. Kelley recently served as a managing director and bank analyst at Stephens. Kelley will manage the network of community banks that participate in projects with JAM FINTOP.
Jacobs and FINTOP recently created JAM FINTOP Banktech, a $150 million fund that will invest in fintechs. More than 65 banks make of the fund’s roster of limited partners. Dan O’Malley, CEO of Numerated, and Lisa Shields, CEO of FISPAN, are the fund’s special advisers.
Keefe, Bruyette & Woods announced that David Konrad had returned to the company as a managing director responsible for covering large U.S. banks. Konrad, who had a similar role at KBW from 2002 to 2013, recently was a managing director at D.A. Davidson, where he led bank product efforts.