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Ex-House GOP leader Eric Cantor joins bank

Former GOP leader Eric Cantor has a new job as vice chairman and managing director of Moelis & Company, an independent investment bank with offices in North America, South America, Europe, the Middle East, Asia and Australia. Cantor says he wanted to join a firm with what he calls “a great entrepreneurial spirit.” (Alex Wong, Getty Images)
Former GOP leader Eric Cantor has a new job as vice chairman and managing director of Moelis & Company, an independent investment bank with offices in North America, South America, Europe, the Middle East, Asia and Australia. Cantor says he wanted to join a firm with what he calls “a great entrepreneurial spirit.” (Alex Wong, Getty Images)
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Updated: 9/02 6:05 am

RICHMOND, Va. (AP) — Former House Majority Leader Eric Cantor has a new job as vice chairman and managing director of a global independent investment bank.

New York-based Moelis & Company announced Cantor's appointment Tuesday in a news release.

Cantor lost his re-election bid in the June primary and left Congress in August. The Virginia Republican had served seven terms representing the state's 7th Congressional District.

Cantor says in the release that he considered his career options and knew he wanted to join a firm with what he calls "a great entrepreneurial spirit that focused on its clients."

Moelis & Company has 15 offices in North America, South America, Europe, the Middle East, Asia and Australia.

 

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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