July 16, 2012 / 2:28 PM / 5 years ago

Macquarie names new head of U.S. M&A

July 16 (Reuters) - Macquarie Group Ltd said it hired Jim Frawley to run its U.S. mergers and acquisitions business.

The Australian investment bank said on Monday that Frawley will be a senior managing director as well as head of the U.S. M&A group. He is joining Macquarie from FBR & Co, where he led the firm’s M&A business and its New York office.

Frawley will start at Macquarie in September. He will report to Michael Silverton, Macquarie’s head of US product banking.

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