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John Utendahl was the owner of the Utendahl Group, one of the largest African American-owned investment banking groups in the United States.[1] In 2010, Utendahl joined Deutsche Bank Americas as the Vice Chairman.[2] In 2016, John Utendahl joined Bank of America as Executive Vice Chairman of Global Corporate and Investment Banking.

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Early life and careerEdit

Utendahl was born in the borough of Queens in New York City and is of African American and Dutch descent. Utendahl earned a bachelor's degree in Business Administration from Long Island University, Brooklyn Campus and acquired an MBA from Columbia University.

A veteran on Wall Street, Utendahl ran the most successful minority-run investment bank in the United States until its final days in 2009. With an estimated net worth of over $50 million, Utendahl was regularly recognized for his quick thinking and charm.[citation needed]

In 2010, Utendahl sold his firm to Williams Capital Group. Utendahl is currently only a minority stake-holder in Utendahl Capital Management, a small fixed income asset management firm.

On March 25, 2010, Utendahl joined Deutsche Bank Americas as Vice Chairman. After 5 years at Deutsche Bank, Utendahl left to join Bank of America as Executive Vice Chairman in 2016.

Personal lifeEdit

Utendahl ended[when?] a long-term relationship with Tyra Banks. The two were not legally married but believed in lifetime partnership. Banks and Utendahl were known to keep their relationship very private from the media.[citation needed]. Utendahl has two daughters, Madison and Sydney, from a previous marriage to investment banker Phyllis Hollis.

ReferencesEdit

  1. ^ "United Enterprise Fund, L.P. - The Team". Unitedenterprisefund.com. Archived from the original on 2011-12-23. Retrieved 2012-01-05.
  2. ^ https://www.db.com/medien/en/content/press_releases_2010_4933.htm

External linksEdit