Matrix Capital Markets Group Inc., an independent investment bank has formed a new capital advisory investment banking group.  John J. Whalen, managing director, has been named head of the new group and M. Ryan Weir Jr., vice president has also joined the team.

Whalen joins Matrix after 30 years with M&T Bank Corp. and has structured, underwritten, and led debt transactions.

Weir was also previously with M&T Bank Corp. for 14 years as vice president in M&T’s debt capital markets group.  His expertise includes work in consumer products, retail automotive, seasonal retail, building products, business services and insurance.

Thomas Kelso, President of Matrix said, “We are very excited to have John and Ryan join our firm to lead the creation of our Capital Advisory Investment Banking Group.  The addition of this dedicated group has been a major goal of ours as we continue to grow Matrix and broaden the scope of advisory services we provide to our clients.”