DNB ASA 
By
DNB Markets, Inc., the U.S. investment banking unit of DNB
Bank ASA, has named Jim Cirenza as Managing Director and Head
of Institutional Sales and Trading.
DNB Bank ASA is a global financial services group and a leading institution in serving the international maritime, oil service and energy sectors. DNB Markets is the bank's investment banking division and is Norway's largest capital markets intermediary offering a complete range of investment banking products and services.
DNB Markets, Inc. is a registered broker/dealer in the United States providing advisory as well as full equity and debt capital markets services to the bank's clients in the maritime, oil service and energy sectors, as well as assisting other DNB clients with their U.S. investment banking needs.
"We are very pleased that Jim Cirenza is joining our team as overall head of our U.S. institutional sales and trading activities. DNB is firmly committed to building its international distribution capabilities as an integral part of a global, niche-oriented investment banking business. Jim's experience and track record on the sell side in the U.S. equity market, combined with his in-depth exposure to the Nordic markets and the niche sectors where DNB is focused internationally: shipping, oil services and energy, uniquely position him to help drive our business to the next level," says Ted Jadick, Managing Director and CEO of DNB Markets, Inc.
Cirenza has spent the last two years as CEO of Olivetree USA, a New York based registered broker dealer. Prior to that, he was Global Head of Securities in Carnegie Investment Bank, President of Carnegie Inc. and head of European salestrading in US for JPMorgan. He has also previously worked for Barclays Bank/BZW, Natwest Markets and Goldman Sachs in equity sales management roles.
"I am very happy to have Jim on board. With his background and experience he will significantly strengthen our international operation", says Paal Karstensen, Head of Equities, DNB Markets.
Contact:
Ted Jadick, Managing Director & CEO, DNB Markets, Inc.: +1 212-551-9801 (New York)
Paal Karstensen, Head of Equities, DNB Markets: +47 991 50 388 (Oslo)
DNB Bank ASA is a global financial services group and a leading institution in serving the international maritime, oil service and energy sectors. DNB Markets is the bank's investment banking division and is Norway's largest capital markets intermediary offering a complete range of investment banking products and services.
DNB Markets, Inc. is a registered broker/dealer in the United States providing advisory as well as full equity and debt capital markets services to the bank's clients in the maritime, oil service and energy sectors, as well as assisting other DNB clients with their U.S. investment banking needs.
"We are very pleased that Jim Cirenza is joining our team as overall head of our U.S. institutional sales and trading activities. DNB is firmly committed to building its international distribution capabilities as an integral part of a global, niche-oriented investment banking business. Jim's experience and track record on the sell side in the U.S. equity market, combined with his in-depth exposure to the Nordic markets and the niche sectors where DNB is focused internationally: shipping, oil services and energy, uniquely position him to help drive our business to the next level," says Ted Jadick, Managing Director and CEO of DNB Markets, Inc.
Cirenza has spent the last two years as CEO of Olivetree USA, a New York based registered broker dealer. Prior to that, he was Global Head of Securities in Carnegie Investment Bank, President of Carnegie Inc. and head of European salestrading in US for JPMorgan. He has also previously worked for Barclays Bank/BZW, Natwest Markets and Goldman Sachs in equity sales management roles.
"I am very happy to have Jim on board. With his background and experience he will significantly strengthen our international operation", says Paal Karstensen, Head of Equities, DNB Markets.
Contact:
Ted Jadick, Managing Director & CEO, DNB Markets, Inc.: +1 212-551-9801 (New York)
Paal Karstensen, Head of Equities, DNB Markets: +47 991 50 388 (Oslo)
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