04/25/2012
PNC elects president of the corporation
Demchak, 49, has been senior vice chairman of PNC since 2009, and since 2010 has held supervisory responsibility for all PNC businesses.
04/25/2012
Demchak, 49, has been senior vice chairman of PNC since 2009, and since 2010 has held supervisory responsibility for all PNC businesses.
04/25/2012
BofA Loses Veteran Banker
He stepped down this week as chairman of that business
04/24/2012
He leads an initial team of seven professionals responsible for providing ultra high net worth clients with investment management, private banking, wealth impact planning, financial administration and an exceptional client experience in the Pacific Northw
04/24/2012
The appointment comes as UBS tries to restore the faith of both its clients and staff in its investment banking prowess.
04/24/2012
Paul joins SEI with over 24 years experience in the industry. His most recent role was head of sales for the defined contribution intermediary channel with Lincoln Financial Distributors.
04/24/2012
Gaze to lead advisor education and business management programs.
04/24/2012
McCann Revamps UBS's U.S. Unit
At Bank of America he oversaw $30 billion of principal investments, including HCA Holdings Inc. and China Construction Bank Corp., according to the memo.
04/23/2012
Wells Fargo has hired Maynard Um, an analyst from UBS’s securities unit, to cover information- technology hardware companies including Apple and Hewlett-Packard.
04/23/2012
Veteran ex-Morgan Stanley jumps ship to Independent wealth management firm
He has more than $20 billion in investable client assets under management
04/23/2012
He will also oversee Fixed Income and Public Finance
04/23/2012
Toronto-based RBC has set its sights on global wealth management as a key driver for growth, targeting organic growth in the United States, Britain, Asia, the Middle East and Latin America as well as small or medium-sized acquisitions to build its global
04/20/2012
Goldman has seen several departures this year. In February, Reuters reported that the head of Goldman's hedge fund team, Howard Wietschner, was retiring after nearly two decades.
04/20/2012
Wall Street brokerages cut 1,400 employees in March, though this vital sector of New York City's economy still has about 2,000 more workers than a year-ago, according to a report Thursday by the state Department of Labor.
04/19/2012
The bank said on Wednesday Kalaris will retain his current position as Chief Executive of the Wealth and Investment Management division but will help review the group's strategy in the Americas.
04/19/2012
Evercore Wealth Management CEO Jeff Maurer welcomed Mr. Bergner, saying that his more than 20 years of experience in managing individual, family and related institutional assets will contribute to the continued growth of the firm.
04/19/2012
The two bankers are likely to team up for their next venture, and are exploring multiple opportunities, including starting their own firm, the people said.
04/19/2012
Wells Fargo & Company has bolstered its brokerage base across the United States, hiring at least 16 veteran advisers who managed more than $1.1 billion in client assets at their previous firms.
04/19/2012
Purchase now complete, acquirer says 70 of 75 Paulson advisers stayed on at firm
04/18/2012
He has more than 15 years of experience in investment management and financial planning specializing in risk management, estate planning, and investment services.
04/18/2012
Bourkoff, a 13-year veteran of UBS, was known primarily as a technology, media and telecommunications banker, but became head of the Americas banking division roughly a year ago.