08/28/2012
BB&T names two new Executive Management team members
The announcement, which is effective immediately, is part of a long-term plan to increase its top leadership group.
People Moves
08/27/2012
Merrill Lynch lands three veteran advisers from UBS
The new hires, who moved to Merrill in early August, managed more than $323 million in client assets at UBS and generated roughly $3 million in annual production last year.
08/27/2012
Gleacher Names Barker Head of Investment Bank As Tepper Departs
Mr. Barker succeeds Jeffrey Tepper, a 22-year veteran of Gleacher, who is leaving the firm.
08/27/2012
Standard Life hires veteran for retirement business
Her appointment is effective September 17, 2012, and she’ll be working in the Toronto office.
08/27/2012
Knight picks new directors
Knight Capital has selected three new directors, including the chief executive of TD Ameritrade, three weeks after Knight received a $400m injection from outside investors, according to people familiar with the matter.
08/27/2012
Brown Brothers Harriman expands wealth management team
He will co-Chair BBH’s Asset Allocation Committee with Chief Investment Strategist, Scott Clemons, and will report directly to Charlie Izard, Partner responsible for Wealth Management. He will be based in BBH’s New York office.
08/27/2012
Morgan Stanley Hedge-Fund Capital Raiser Said to Depart
He is considering positions at several hedge funds, said one of the people, who asked not to be identified because the information hasn’t been made public.
08/26/2012
US Wealth management firm hires estate planning director
Old North State Wealth Management recently announced the firm’s director of estate planning and senior wealth manager.
08/26/2012
Florida based Multi-Family Wealth Office expands team
Her experience and customer service focus will enhance the concierge level of financial affairs coordination currently delivered by Legacy Family Office and its principal Tamara Surratt.
08/23/2012
Bank of America names four new directors
It's the latest corporate governance shake-up at a bank that foundered during the financial crisis and in 2009 overhauled its board under government pressure.
08/23/2012
Top US bank appoints state president for Mexico
He holds a bachelor of arts in social ecology from the University of California, Irvine.
08/23/2012
The PrivateBank Expands Michigan Private Wealth Team
Names John Keegan to Lead Region; Bruce Beaumont as Investment Advisor
08/23/2012
Ameriprise adds veteran advisers from Wells, LPL
The teams, both New Jersey-based, joined Ameriprise's franchise group, which caters to independent advisers who also function as business owners.
08/23/2012
Calamos Expands Investment Team
Gary succeeds Nick P. Calamos, President of Investments and Co-Chief Investment Officer, who has decided to step back from the day-to-day business of the firm to pursue personal interests. He will continue to serve as a member of the Calamos Board of Dire
08/23/2012
Pyramis Global Advisors Continues Expansion of Global Distribution Capabilities
As head of North American Institutional Distribution, Ms. Fitzgerald will be responsible for U.S. and Canadian sales and global consultant relations.
08/23/2012
SSgA Institutional Sales Head Jumps to Rival Pyramis
Kristi Mitchen, who has been sharing the role with Fitzgerald, will now take sole responsibility for the group.
08/22/2012
Where are Nomura’s Former Lehmanites?
Some bankers left Lehman at the time of the acquisition, such as Alexis de Rosnay who joined Lazard Ltd. and is now with Bank of America Merrill Lynch, the global banking and markets business of Bank of America Corp. Others left when Nomura’s guaran
08/22/2012
KPMG expands Alternative Investment Funds practice
As investment managers face an increasingly complex world with new regulatory requirements and an urgency to streamline business processes and increase transparency, KPMG, the audit, tax and advisory firm, has announced thursday that it is continuing its
08/21/2012
Out of Work in New York? Here's How to Find a Job in Dubai
The City of Gold is even seeing some untapped growth, says Shane Phillips, Dubai-based executive search consultant with Stanton Chase International whose clients include financial services firms throughout the Middle East.
08/21/2012
UBS’s Rosen Said to Be Departing to Start Credit Hedge Fund
The Zurich-based firm has said it will reduce the fixed-income trading business, which will be less profitable under stricter capital rules.