03/07/2012
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.
People Moves
03/07/2012
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.
03/07/2012
JP Morgan appoints new treasurer
She succeeds Joseph Bonocore, who was appointed in late 2010 and left a year later for personal reasons.
03/06/2012
First Republic taps MD and Investment Consultant in Boston office
Senior Investment Consultant Expands Wealth Management Team In Boston
03/06/2012
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.
03/06/2012
KeyCorp taps industry veteran as CIO
She will report to Tom Stevens, KeyCorp's chief administrative officer.
03/06/2012
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.
03/05/2012
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.
03/05/2012
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.
03/05/2012
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.
03/05/2012
Citi Closes a Crisis Chapter
Mr. Parsons, 63 years old, told fellow directors on Friday that he doesn't plan to stand for re-election at the annual shareholders meeting set for April 17 in Dallas, the company said.
03/05/2012
Baird Boosts Recruiting as Reps Boost Sales 12.5%
The employee-owned broker-dealer now includes about 700 financial advisors, says Matthew Curley (left), national sales director and COO of Baird’s private-wealth management operations.
03/05/2012
JPMorgan Trader Mike Stewart to Start Hedge Fund
Stewart, who took over the unit in February 2011, will start the Whard Stewart hedge fund in the second quarter, and members of the emerging-markets trading team that he previously led are expected to join him, the newspaper reported, citing unidentified
03/02/2012
Wells Fargo Appoints David Julian Chief Auditor
Julian joined the company in 1997 and most recently served as Head of Market & Institutional Risk, where he established the Corporate Market Risk function and provided leadership to the Counterparty and Country Risk Groups as well as the Credit Basel
03/02/2012
Franklin Templeton expands its global capabilities
Casey received a B.S. degree from Washington and Lee University, an M.B.A. from the University of North Carolina, Chapel Hill and a master's of management degree from the University of Dallas.
03/02/2012
Optima founder assumes role of CIO
Fabio Savoldelli will be leaving to pursue other interests. Mr. Boardman will remain as the Managing Member of Optima and will lead the Asset Allocation and Portfolio Management Committees.
03/01/2012
Boston wealth management firm taps new president
She was most recently a Managing Director at Athena Capital Advisors, a Boston-area investment advisory firm
03/01/2012
Wall Street bank APAC equities financing head leaves
The Wall Street bank has replaced Canniffe with Richard Boseley, head of Asia-Pacific equity sales, who has assumed the additional responsibility, the memo and sources said.
03/01/2012
PineBridge’s CEO steps down
He spent seven and a half years as CEO of the Asia-Pacific region for BNY Mellon Asset Management
02/29/2012
PrivateBancorp names president of personal client services
He holds a bachelor's degree in finance from the University of Illinois Urbana-Champaign. He is a member of the Board of Directors of the Illinois Bankers Association, the Brain Research Foundation's Associate Board and the Rehabilitation Instit