Texas Capital Appoints Steve Genyk to Lead New Public Finance Practice

DALLAS, May 15, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced that Steve Genyk has joined Texas Capital Securities (TCS), Texas Capital’s broker dealer subsidiary, as Managing Director, Head of Public Finance. In this new role, Genyk is responsible for building out TCS’s Public Finance business, which will provide municipal underwriting services to governments, nonprofits and institutions in the state of Texas and across the country.

Genyk joins Texas Capital from UBS Financial Services Inc., where he held several leadership positions, including Head of Public Finance, Head of Institutional Middle Markets and Head of Municipal Trading. As Head of Public Finance at TCS, Genyk brings a proven track record of business building in the public finance sector and a shared obsession for client service. He is based in Dallas.

“The expansion of our broker dealer to serve municipal and public finance clients was the next logical step to ensure Texas Capital remains the first call for companies and institutions across our state. We are particularly excited about our prospects in public finance thanks to potential synergies with Texas Capital’s well-established Government, Nonprofit and Institutions corporate banking group. Texas cities, towns, schools and other institutions should be served by Texas-based municipal dealers and advisors. TCS is proud to extend the benefits of our full-service platform to the government and public finance sector,” said Texas Capital’s President & Chief Executive Officer Rob C. Holmes. “Municipalities, nonprofits and other municipal issuers in the state of Texas deserve to have a firm that makes decisions locally. Steve’s appointment is a significant milestone for our organization as we continue to expand Texas Capital’s Corporate & Investment Banking capabilities.”

Genyk’s addition underscores the firm’s commitment to being a full-service financial services institution equipped to serve the state, cities, schools and institutions of Texas and beyond.

“It is an honor to join Texas Capital as it continues to build the premier full-service financial services firm headquartered in Texas,” said Genyk. “I look forward to building on the track record of innovation at TCS with the successful launch of our Public Finance business, partnering with the other firms conducting municipal business in this great state, and serving our clients with diligence and integrity.”