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MF Global Holdings Ltd. this week appointed David Simons as its new global head of operations where he will oversee the management and strategic development of trade processing and clearing operations.

Bank of America has lured Morgan Stanley Smith Barney financial advisor David Massey, who previously had $1 billion in assets under management, to its Merrill Lynch brokerage in Carlsbad, Calif.

UBS Wealth Management Americas continues to build on its recent hiring spree with the addition of a two-member Morgan Stanley Smith Barney financial advisor team in Tucson, Ariz.

The Depository Trust & Clearing Corporation (DTCC) has named Credit Suisse executive Noel Donohoe to a newly created position of executive managing director and group chief risk officer.

UBS Wealth Management Americas hired a two-member Bank of America Merrill Lynch team in its Akron, Ohio office. The team includes financial advisors Tom Ulrich and Nick Bryant. Together, they had $1.6 million in annual fees and commissions and $260 million in assets under management.

Barclays Wealth has hired six new investment representatives from Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley Smith Barney.

Citi Private Bank has hired Alexander “Lex” Zaharoff as managing director and head of the North America investment lab.

UBS has hired a total of 38 new financial advisors in June, with 24 of those hires coming in the last two weeks.

The new hires will work in Ohio, South Dakota and Wisconsin and previously had a total of $420 million in assets under management.

Wells Fargo Advisors has hired Morgan Stanley Smith Barney financial advisor Mark Wieland to its Washington Crossing, Pa. office.

Great-West Life & Annuity Insurance Company has appointed Sam Ghazaleh vice president of retirement solutions for its individual retirement account strategy, a new position.

Great-West Life & Annuity Insurance Company has appointed Sam Ghazaleh vice president of retirement solutions for its individual retirement account strategy, a new position.

RidgeWorth Investments has added two additional sales executives to the six it recently hired for its newly created retail channel sales team led by Bob Kuberski, with Michael Reynolds and Mitchell Izumi joining the firm.

Bank of America’s Andrew Sieg, currently head of retirement services, will now also lead the firm’s global investment solutions unit as Kunal Kamlani steps down.

Patricia McDermott will serve as managing director and head of Citi Private Bank in Connecticut and Westchester.

RidgeWorth Investments has added two additional sales executives to the six it recently hired for its newly created retail channel sales team led by Bob Kuberski, with Michael Reynolds and Mitchell Izumi joining the firm.

Jim Lyday has joined Lincoln Financial Distributors as head of institutional retirement solutions distribution, reporting to President and Chief Executive Officer Will Fuller. In this role, Lyday is responsible for distribution of Lincoln's defined contribution business among mid-to-large employers.

Financial advisors Charles C. Stoner and Eileen Stoner are among the new team members joining UBS in Charlotte, N.C.

Christopher Adams returns to Citi in a new position as managing director of investment finance in the firm’s New York office.

The new hires come as Morgan Stanley Smith Barney continues to trim low-producing financial advisors from its force.