The prospective bridegroom, 31, who is known as Michael, is a founding partner of the Capital Hill Group, an investment-banking firm in New York.

A combination would create a global consumer- and investment-banking firm with operations in America, Europe and the Middle East.

They were joined last fall by the newly elected board president, H. Frederick Krimendahl 2d, a partner with Goldman, Sachs & Company, the investment-banking firm.

It could include the Blackstone Group, an investment-banking firm that joined Time Warner in buying control of the theme-park chain, the nation's second largest, in 1991.

One of Mr. Calloway's nine grandsons works at Kidder Peabody, an investment-banking firm.

"I'm the oldest guy on Wall Street in charge of an investment-banking firm," Mr. Volcker, who is about to turn 69, said yesterday.

Her father is a principal in the investment-banking firm of Alex. Brown & Sons in Wilmington.

The buyers were a partnership composed of the investment-banking firm of Wasserstein, Parella & Company and the Henley Group.

Her father is a senior manager in Boston for Brown Brothers Harriman & Company, the investment-banking firm.

The bridegroom, 44, is the managing director of Broadband Associates, a consulting and investment-banking firm in Manhattan and Jerusalem.