Sterne Agee expands midwest depository investment banking

Thumbs Up At Desk

Sterne Agee, one of the oldest and largest private and employee owned wealth management and institutional services firms in the the United States, has announced the additions of James F. Hemmer as Managing Director and Nathan F. Strall as Vice President to its Depository Investment Banking Group. Both will be based in the firm’s Chicago office.

Mixed bonus news

Piggy Bank

A few corners of Wall Street are expecting big bonuses, but for most of the industry it is likely to be a disappointing year.