Industry

Baltimore-Md.-based Legg Mason has hired Pete Nachtwey, the former CFO for The Carlyle Group, to serve as its new lead financial officer...

John Bouchard, Saundra F. Albrite-Bouchard and Julie-Anne Lewis represent the first team of financial advisors to join Washington Wealth, which Tony Sirianni and Ross Wilkinson launched earlier this month.

John Y. Kim, who is already the executive vice president of New York Life Insurance Company, will take over the chairman position currently held by Gary Wendlandt on January 1, 2011.

Charles Schwab has named Marie A. Chandoha president and chief executive officer of Charles Schwab Investment Management Inc., the investment advisor to the Schwab and Laudus Funds.

She previously held technology and operations positions with Goldman Sachs, Merrill Lynch, Lehman Brothers, Ernst & Young, First Boston and Royal Bank of Canada.

The new hires come from Morgan Stanley Smith Barney and Merrill Lynch

Peter Orszag will be vice chairman of global banking and a member of Citi's senior strategic advisory group.

The federal government accuses Peter Ghavami, Gary Heinz and Michael Welty of fraud relating to municipal bond bids.

Robbins has spent much of her career helping women through major changes in their lives, which is part of the reason Wilmington Brokerage Services Co. appointed her vice president and client relationship manager.

Bank of America Merrill Lynch Global Research has added two new senior analysts focusing on socially responsible investing and sustainability.