Texas Capital Appoints Steve Genyk to Lead New Public Finance Practice
15 May 2024 - 11:00PM
Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company
of Texas Capital, today announced that Steve Genyk has joined Texas
Capital Securities (TCS), Texas Capital’s broker dealer subsidiary,
as Managing Director, Head of Public Finance. In this new role,
Genyk is responsible for building out TCS’s Public Finance
business, which will provide municipal underwriting services to
governments, nonprofits and institutions in the state of Texas and
across the country.
Genyk joins Texas Capital from UBS Financial Services Inc.,
where he held several leadership positions, including Head of
Public Finance, Head of Institutional Middle Markets and Head of
Municipal Trading. As Head of Public Finance at TCS, Genyk brings a
proven track record of business building in the public finance
sector and a shared obsession for client service. He is based in
Dallas.
“The expansion of our broker dealer to serve municipal and
public finance clients was the next logical step to ensure Texas
Capital remains the first call for companies and institutions
across our state. We are particularly excited about our prospects
in public finance thanks to potential synergies with Texas
Capital’s well-established Government, Nonprofit and Institutions
corporate banking group. Texas cities, towns, schools and other
institutions should be served by Texas-based municipal dealers and
advisors. TCS is proud to extend the benefits of our full-service
platform to the government and public finance sector,” said Texas
Capital’s President & Chief Executive Officer Rob C. Holmes.
“Municipalities, nonprofits and other municipal issuers in the
state of Texas deserve to have a firm that makes decisions locally.
Steve’s appointment is a significant milestone for our organization
as we continue to expand Texas Capital’s Corporate & Investment
Banking capabilities.”
Genyk’s addition underscores the firm’s commitment to being a
full-service financial services institution equipped to serve the
state, cities, schools and institutions of Texas and beyond.
“It is an honor to join Texas Capital as it continues to build
the premier full-service financial services firm headquartered in
Texas,” said Genyk. “I look forward to building on the track record
of innovation at TCS with the successful launch of our Public
Finance business, partnering with the other firms conducting
municipal business in this great state, and serving our clients
with diligence and integrity.”
About Steven C. GenykSteve Genyk brings over
three decades of comprehensive leadership experience in the
financial industry to his role as Head of Public Finance at Texas
Capital Securities. Prior to joining Texas Capital, Genyk served as
Head of Public Finance for UBS Financial Services where he oversaw
a group of over 60 professionals across 15 locations. Before this,
he held the positions of Head of Institutional Middle Markets and
Head of Municipal Trading at UBS Financial Services.
Before UBS, Genyk served as Head of Fixed Income Capital Markets
at Janney Montgomery Scott LLC, and Senior Vice President,
Financing Services at Philadelphia Industrial Development
Corporation. Genyk also held the role of Managing Director, Public
Finance at Bear, Stearns & Co. Genyk earned a Bachelor of Arts
from Wesleyan University and a Master of Public Administration from
the University of Pennsylvania, Fels Institute of Government. He
has served as a board member and past chair of the Bond Dealers of
America and was a member of the FINRA Fixed Income Committee.
About Texas CapitalTexas Capital Bancshares,
Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the
S&P MidCap 400®, is the parent company of Texas Capital Bank
d/b/a Texas Capital, is a full-service financial services firm that
delivers customized solutions to businesses, entrepreneurs, and
individual customers. Founded in 1998, the institution is
headquartered in Dallas with offices in Austin, Houston, San
Antonio and Fort Worth and has built a network of clients across
the country. With the ability to service clients through their
entire lifecycles, Texas Capital has established commercial
banking, consumer banking, investment banking and wealth management
capabilities. All services are subject to applicable laws,
regulations, and service terms. Member FDIC. For more information,
please visit www.texascapital.com.
About Texas Capital SecuritiesTCBI Securities,
Inc., doing business as Texas Capital Securities (“TCS”), is a
member of FINRA and SIPC and has registered with the SEC, MSRB and
other state securities regulators as a broker dealer. TCS is a
subsidiary of Texas Capital Bank. Securities and other investment
products offered by TCS are not FDIC insured, may lose value and
are not bank guaranteed. TCS does not provide legal, tax or
accounting advice.
MEDIA CONTACT
Julia Monter, 469.399.8425
julia.monter@texascapitalbank.com
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