Todd Hagerman, Senior Research Analyst, joined Sterne Agee & Leach, Inc. in March 2011 to lead the firm’s research coverage of the commercial banking sector, primarily focused on U.S. multinational and regional banks. Prior to joining Sterne Agee & Leach, Inc., Mr. Hagerman was Head of Regional Bank Equity Research at Credit Suisse Securities, USA, where he focused on the regional banking sector. Prior to joining Credit Suisse in 2007, Mr. Hagerman spent eight years as a Senior Banking Analyst at Fox-Pitt Kelton in New York and well more than a decade at the Federal Reserve Bank, which encompassed various roles in bank supervision & regulation at both the Federal Reserve Bank of New York and Federal Reserve Bank of San Francisco. His work at the Fed included various management positions in bank surveillance and review, bank examinations, and policy and special studies. Mr. Hagerman holds a B.S. in finance and economics from the University of Arizona and received his MBA from the Marshall School of Business at the University of Southern California.