Wachovia hires two MDs in New York

Wachovia Securities has hired Kevin Klenke and Scott Cohen as managing directors in its equity division based 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.

Cohen

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