READING, PA, October 3, 2016 – Richard L. Quad of Griffin Financial Group and David W. Swartz of Stevens & Lee presented at the 2016 Pennsylvania Association of Community Bankers (PACB) Annual Convention held September 22-24, 2016, in Lake Buena Vista, FL.
In their joint session, “The Current State of Banking: National, Pennsylvania and Regional Trends,” Mr. Quad and Mr. Swartz discussed the national banking landscape, generated Pennsylvania-specific income projections and explained the merits of both buying and selling.
Mr. Quad also served as part of the PACB’s Investment Banking panel.
Richard L. Quad is Senior Managing Director and Co-Head of the Financial Institutions group. Mr. Quad provides investment banking services to financial institution clients, including sell-side, buy-side, capital markets and related strategic and valuation services.
He has more than 20 years of experience in both investment banking and commercial banking in the Northeast. As a senior investment banker, he has successfully completed over 50 assignments for more than 25 community bank clients including common, convertible, preferred stock and subordinated debt offerings, buy-side, sell-side and FDIC receivership transactions, as well as strategic and general advisory assignments.
Mr. Quad received a B.S., magna cum laude, in Business Administration with a concentration in finance from the University of Vermont and an MBA with distinction from Cornell University. He holds Series 7 and 63 licenses from FINRA.
David W. Swartz is Chair of the Financial Institutions Group and Co-Chair of the Corporate, Finance and Capital Markets Department at Stevens & Lee. For more than 30 years, Mr. Swartz has focused his practice on the representation of public company clients in corporate matters, capital formation, securities law compliance, mergers and acquisitions, regulatory issues, change-in-control and shareholder activism issues and corporate governance matters.
Mr. Swartz has represented private and publicly traded financial institutions in more than 50 acquisitions involving banks, insurance and securities brokerage operations and registered investment advisors. He has served as counsel to the issuers in public and private capital markets transactions totaling more than $5 billion.
Mr. Swartz received a J.D., cum laude, from Pennsylvania State University’s Dickinson School of Law and a B.A., cum laude, from Lebanon Valley College.
