Eric Taub, a former managing director in charge of research for syndicated finance at SunTrust Bank, moved over to Wachovia Securities, where he began work last Monday. Taub is now a senior v.p. and risk portfolio management leader working in Wachovia's Atlanta satellite office. He is reporting to Russell Playford, the senior v.p. in charge of portfolio management at Wachovia. An official familiar with the situation said Taub will be working on market-oriented solutions in portfolio management.
At SunTrust, Taub reported to Peter Vaky, the managing director in charge of syndicated finance. Prior to working at SunTrust, Taub was the director of emerging global markets at Bank of Montreal. Vaky did not return calls. A SunTrust spokesman confirmed Taub's departure, but declined to comment further. A Wachovia spokeswoman confirmed Taub's arrival. Taub declined comment.