Industry

After leading the regulator's division of investment management for four years, Andrew J. Donohue announced he will leave in

Financial institution ING Investment Management has hired professionals from Columbia Management and Invesco to focus on strengthening the firm’s relationships with institutional investment consultants.

Fiserv said it hired former JPMorgan Chase executive Sean Gallagher as president of its Investment Services division.

Bank of America is rumored to be considering selling its 34% stake in BlackRock, according to The Wall Street Journal. Now the question is whether the bank is looking to get out of asset management altogether.

Jakob Stott has been hired from JPMorgan to head its European wealth management unit.

Perkins Investment Nabs Veteran Consultant Ron Zia

RBC Wealth recruited Jason Braunstein from Morgan Stanley.

Perkins Investment Management has hired Ron Zia, an institutional investment consultant with nearly 20 years under his belt, to be a new client portfolio manager at the Janus Capital Group subsidiary.

M&I's plan to expand its trust services nationally, plus executive changes at Citi and BNY Mellon, and more moves from the past week.

Calvert Foundation CEO and President Shari Berenbach will resign from the lead post she has held at the non-profit organization for nearly 14 years. Current Executive VP and Chief Lending Officer Lisa Hall will replace her in the interim.