Managers of Wealth Americas

BofA names Asia-Pacific president

BofA has pruned the ranks of its senior investment bankers in Asia, cutting 15 of its 75 Asia managing directors.

UBS hires from Merrill Lynch, RBC Wealth

UBS Wealth Management Americas, the U.S. brokerage division of Swiss bank UBS AG , has hired two veteran Merrill Lynch advisers and one RBC Wealth adviser, bolstering its broker base in Michigan and California.

Citi Private Bank hires two Wells Fargo execs

In Houston, Maggie Osorio joins as director and law firm group private banker reporting to Greg Richesin, Texas team leader of the law firm group, which provides wealth management client services and a platform to the legal industry.

Ex-Merrill adviser returns to Morgan Stanley

For Condron, the move to Morgan Stanley Smith Barney is a return to his roots at Salomon Smith Barney, where he started in the late 1990s.

Standard Chartered appoints Global Head of SME Banking

Standard Chartered’s SME Banking business delivered income growth of 14 per cent year-on-year for 2011, and lending to SMEs was up nine per cent year-on-year to $19.2 billion as the bank continues to support economic growth and development across it

Wellesley Bank rolls out new high-ranking appointment

He was later appointed the Global Head of the Private Client Services group for Credit Suisse First Boston headquartered in New York City and Boston. He subsequently founded Cadigan Capital Management, LLC, managing investment portfolios for high net wort

Base pay increases highlight regional differences in financial services

Base pay increases in the world’s financial services sector continue to be markedly different depending on region, according to new data issued by Mercer.

Cantor Fitzgerald hires two inustry vets

The appointments reflect Cantor's commitment to growing its prime brokerage business through enhanced client coverage, and broader distribution of its full-service equity and fixed income prime brokerage capabilities to hedge funds and money managers

Silver Bridge hires Family Office Advisory Practice head

In addition to these duties, he will serve as a Faculty Advisor for the Silver Bridge Institute, bringing educational content to families and family office professionals, and helping to support the expansion of the Silver Bridge Center for Family

Perella Weinberg names new partner

Mr. Ward has more than 30 years of experience in the investment banking industry, having served in senior positions at leading financial institutions for the past two decades.

Old Mutual appoints head of non-U.S. distribution

OMAM believes its multi-boutique capabilities, matched with its strong performance in high demand asset classes, position it to take an active role in growing business outside the U.S.

Bank of America layoffs have barely begun

Bank of America had 282,000 full-time employees at the end of 2011, according to the latest official tally, published in its annual 10-K filing with the Securities and Exchange Commission last month.

JP Morgan appoints new treasurer

She succeeds Joseph Bonocore, who was appointed in late 2010 and left a year later for personal reasons.

First Republic taps MD and Investment Consultant in Boston office

Senior Investment Consultant Expands Wealth Management Team In Boston

Cambridge Trust Company of New Hampshire Names New President

Ms. Martore-Baker will direct business development and lead the wealth management efforts in New Hampshire. She will be based in the Concord office.

KeyCorp taps industry veteran as CIO

She will report to Tom Stevens, KeyCorp's chief administrative officer.

Deutsche Bank Names New Co-Head of M.&A. for the Americas

Mr. Ratigan will work alongside Tony Whittemore, according to the memo from global mergers head Henrik Aslaksen. Mr. Ratigan will replace Bruce Evans, who will become chairman of the group.

M&I Wealth Management names regional president

Fenlon will lead the wealth operations for M&I in the Kansas City, St. Louis and Indiana markets. He brings 30 years of experience in the investment and wealth management industry.

Hiscox shuffles management team

Richard Watson, current CEO of Hiscox USA, will be returning to the UK as Deputy Chief Underwriting Officer for the Group at the end of his three year term in the US.

Merrill brokers join Raymond James in Tennessee

Advisers Lee Vaughan, John Connelly and James Maddux joined Raymond James in a suburb of Nashville, Tennessee, from Merrill Lynch, where they worked for roughly a decade. The advisers together generated $860,000 in annual production last year.

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