Private banks

The bank’s new chief investment strategist is assessing the product platform and is looking to expand Webster’s investment offerings.

George Crosby, the former head of HSBC’s Brazil team, will oversee all activities covering the Latin American markets in the U.S.

In the second quarter of 2013, wealth management and investment services generated $8.9 million in income, up $1.7 million, or 23%, from a year ago.

Banks could boost the profitability of their wealth management programs if they integrated their private banking, trust and brokerage businesses.

Timothy Throckmorton will oversee and help grow the personal trust and estate administration business.

Increasing emphasis on client satisfaction may be changing the way wealth managers get paid and how they are evaluated.

A $1 million producer has jumped from Morgan Stanley to Raymond James in Columbus, Ga.

Advisors are wary of BNY Mellon's plan to provide private banking services to RIAs.

"A lot of potential clients are already banking [with Umpqua]. For us, the first priority is to make sure we let them know that we're there," Seattle market leader Elise Fortin said in a telephone interview.

What is a “madvocate" and how can you insure they aren't contagious?

Yves Cochez will manage the bank’s portfolio management team and set the overall direction of investment management for high-net-worth clients.

Elise Fortin, Umpqua Private Bank’s newly appointed leader in Seattle, believes that Umpqua’s “high-touch” offerings will resonate well with business owners and Gen X investors.

Steven Wieting, managing director and U.S. economist in Citi Research, will be responsible for formulating investment strategies for the business and its clients around the world.

Elise Fortin, a former executive of Wells Fargo Private Bank, will be responsible for leading Umpqua Private Bank’s expansion in the Puget Sound region.

A three-year plan helped the renowned private bank merge with a rival and find its way out of the financial crisis. Now, it's prepared to leverage its resources across Bank of America.

Madorie O’Hara, a former Citi Private Bank portfolio manager, will manage investment portfolios for Webster’s private banking clients. She will be based in Stamford, Conn.

Credit Suisse Group AG said it’s increasing the proportion of assets under management from super- rich clients, helping to boost profit margins at Switzerland’s second-largest wealth business.

After a $210 million sale, Atlantic Trust appears to be headed into high gear.

In the first quarter of 2013, wealth and investment services generated $7.8 million in revenue, up 7% from a year ago.

The debate over whether large banks are still "too big to fail" has spread like wildfire in recent months.