04/20/2015
Upstart investor raids three from big banks
A fast-growing asset management firm has landed three big hires from large banks in recent weeks.
People Moves
04/20/2015
Morgan Stanley Names Levy to Lead Traditional Asset Management
Revenue from traditional asset management climbed 6 percent last year to $1.8 billion, while revenue from merchant-banking and real estate investing each dropped by a third as new rules limited the bank’s ability to invest its own money in those are
04/20/2015
GAMCO Investors Chief Financial Officer to resign as of July 1, 2015
He returned in February 2011 and assumed the role of Chief Financial Officer. Prior to rejoining us, he was the Chief Financial Officer of Commonwealth Management Partners, LLP, a privately-held investment management company.
04/20/2015
Morgan Stanley's Moriarty Takes on Additional Roles - Memo
Ed Moriarty, head of Morgan Stanley's merchant banking and real estate business, has taken on the additional role of overseeing alternative investments and managed futures
04/20/2015
New leaders chart expansion for RBC GAM
Stressing continuity, they seek bigger footprint in U.S., Europe
04/20/2015
UPS Loses Liquid Alts Chief to Hedge Fund
Leo Svoboda will be joining NYC-based hedge fund Penso Advisors in May
04/20/2015
BNY Mellon appoints Chief Auditor
She joins BNY Mellon from American International Group
04/17/2015
CEO of Cantor's wealth unit to depart
He helped build Cantor Fitzgerald Wealth Partners
04/17/2015
Clinton to name former financial regulator as CFO
Bloomberg cited in its report an unnamed Democrat familiar with the decision
04/16/2015
Ken Fisher plans to step down as CEO of firm
Billionaire behind Fisher Investments has discussed his intentions for years, but succession plan isn't clear
04/16/2015
BNY Mellon names 3 wealth directors
Financial group Bank of New York Mellon Corp has appointed Scott Strochak and Natalie Oh as senior wealth directors
04/16/2015
Relationship Science Names Jon Robson CEO, Raises $31 Million
Startup backed by some of Wall Street’s biggest names seeks faster growth
04/16/2015
Fidelity Bank promotes four
Fidelity Bank has promoted four of its commercial lending professionals
04/16/2015
Ben Bernanke is joining a hedge fund as a senior adviser
Ben Bernanke, former chairman of the U.S. Federal Reserve, will become a senior adviser to hedge fund Citadel Investment Group
04/16/2015
Former Wal-Mart CEO Joins Carlyle Group
Carlyle Group LP has enlisted former Wal-Mart Stores Inc. Chief Executive Mike Duke to join the stable of executives the private-equity firm taps to help it find and vet deals and steer the companies it owns.
04/16/2015
iCapital Network Grows Business Development Team with New Senior Hires
Melissa Iagulli joins iCapital with over a decade of experience conducting advanced financial analysis
04/15/2015
Patrick Long Rejoins KBW's Depository Investment Banking Group
Patrick has extensive experience as a senior banker
04/15/2015
Boston Private plans to be a distinctive Wealth Management, Trust and Private Banking organization
These changes will align more directly the Boston Private executive team with execution of the Company’s plan to become nationally recognized as a distinctive Wealth Management, Trust and Private Banking organization.
04/15/2015
Banking Veteran to Join PacWest as CFO
PacWest Bancorp in Los Angeles announced Tuesday that Chief Financial Officer Victor Santoro plans to retire from the post this summer
04/15/2015
RidgeWorth hires Sovereign Wealth MD
Working in concert with RidgeWorth Investments' existing institutional sales and client service team in the United States, Shah will focus on the marketing of RidgeWorth's entire product suite to Sovereign Wealth entities and Central Banks in Eu