John Utendahl
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.
Early life and career[]
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 life[]
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.
References[]
- ^ "United Enterprise Fund, L.P. - The Team". Unitedenterprisefund.com. Archived from the original on 2011-12-23. Retrieved 2012-01-05.
- ^ https://www.db.com/medien/en/content/press_releases_2010_4933.htm
External links[]
- https://web.archive.org/web/20070927045747/http://www.brooklyn.liunet.edu/sbpais/spreadsheets/spreadsheets_spring03.pdf
- https://web.archive.org/web/20111223222219/http://unitedenterprisefund.com/team.htm
- http://www.blackentrepreneurprofile.com/profile-full/article/john-utendahl/
- Living people
- American financial businesspeople
- Columbia Business School alumni
- Long Island University alumni
- American business biography stubs