Wachovia hires two MDs in New York

Klenke will serve as a managing director in the equity derivatives business, joining the Equity Structured Products Group. He will report to Richard Sandulli and Richard Silva, global co-heads of Equity Structured Products.

Prior to joining Wachovia, Klenke was a managing director at UBS Securities, Bank of America and Merrill Lynch, where he managed the institutional options business. Most recently, he was a managing director at Knight Equity Markets, where he performed similar duties.

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