Texas Capital Hires Ex-UBS Banker to Head New Muni Practice

  • Steve Genyk starts as bank’s head of public finance in Dallas
  • State’s No. 4 bank swoops in as recent laws crimp Wall Street

Construction workers repair a street in Houston, Texas.

Photographer: Brandon Bell/Getty Images
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Texas Capital Bancshares Inc. has hired a former UBS Group AG executive to build out its municipal bond desk.

Steve Genyk, who most recently served as head of public finance at UBS before it shuttered much of its muni division, will lead a newly formed group devoted to state and local government debt, according to a release announcing the hire. He will be based in Dallas.