Fifth Third Bancorp announced that William Tyson has been hired to become co-head of Fifth Third Capital Markets, reporting to Lars Anderson, executive vice president and chief operating officer.
In addition to teaming with Bob Marcus on the overall strategic direction of the unit, Tyson will focus on driving the Bank’s growth in strategic merger and acquisition advisory services. M&A advisory services represent an expansion of capabilities and a significant growth area for Fifth Third Capital Markets to support middle market and mid-corporate clients. Fifth Third recently advised Flash Foods, Inc. on their $425 million sale to CST Brands.
Tyson will also lead new initiatives to further develop the Bank’s relationship with private equity companies.
Tyson joins Fifth Third from BB&T Capital Markets, where he most recently served as senior managing director and co-head of Investment Banking. Prior to his 18 years with BB&T and a predecessor, Scott & Stringfellow, he was a managing director at Wheat First Butcher Singer. Throughout his career in investment banking and capital markets, he has completed more than 125 capital financing and M&A advisory assignments.
“We are excited to add a leader with Bill’s experience and track record to Fifth Third,” Anderson said. “He brings extensive expertise that will directly add value to our existing client relationships and help us further establish high-quality relationships. His addition deepens our base of talent and we are excited about our prospects for future growth for our Capital Markets unit.”
“I am thrilled to join the Capital Markets team at Fifth Third,” Tyson said. “I have known Lars Anderson and Bob Marcus for decades and have always respected their level of commitment to their clients. I look forward to making an immediate contribution and helping the Bank fully capitalize on its growth prospects.”
Fifth Third Capital Markets seeks to provide value-added advice and financial risk solutions aimed to support the growth, profitability and capital needs of mid- and large corporate clients.