Deals & People

A reorganization of Bank of America’s management team by Chief Executive Officer Brian Moynihan has meant the end of Sallie Krawcheck’s tenure at the firm.

BlackRock, Inc. announced Mark Taborsky will join the company as a Managing Director and Senior Portfolio Manager within its Multi-Asset Client Solutions (BMACS) group.

Russell Investments has appointed Jeff Eng to the newly created position of Director, Retirement Income, for the firm’s Americas Institutional business.

Elizabeth Krentzman, former Investment Company Institute general counsel, has been appointed to lead Deloitte's U.S. mutual fund practice.

Lincoln Financial Distributors (LFD), the wholesale distribution subsidiary of Lincoln Financial Group, named Tom Tooley as Head of Insurance Solutions Distribution.

Schroders appointed David Jodka, CIMA, as National Sales Manager, US Intermediary Distribution.

Natixis Global Asset Management (NGAM) has acquired a controlling interest in Darius Capital Partners.

Morningstar, Inc. named William Harding, CFA, as Head of Manager Research for the Morningstar Investment Management division.

BNY Mellon announced Gerald L. Hassell, currently its president, has been appointed Chairman and Chief Executive Officer for the company, effective immediately. 

Acadian Asset Management Singapore announced Ho Yew Weng has joined the firm as Director of Institutional Sales, Asia-ex Japan.

Bank of America has hired nearly 40 Merrill Edge Financial Solutions Advisors (FSAs) in the Mid-Atlantic region, including Washington, D.C., Baltimore, and Philadelphia.

J.P. Morgan Asset Management (JPMAM) has selected James Gearin as Chief Operating Officer of its Retirement Plan Services (RPS) business.   

Karen Olsen, Jason Timko, and Anna Toy are Ascensus’ newest Regional Vice Presidents for its Florida, New York Metro and Pacific Northwest territories, respectively. 

UBS, the largest Swiss bank, announced plans this week to cut about 3,500 jobs, or 5.3% of its workforce. 

As part of the expansion of its Americas platform, Natixis has announced senior appointments in its Fixed Income, Commodities & Treasury (FICT) Americas team.

CAPTRUST Financial Advisors today announced the opening of its newest regional office located inside greater Minneapolis-St. Paul.  

Gemma Wright-Casparius has joined Vanguard’s Fixed Income Group as a principal and senior portfolio manager.

Mercer has named Senior Partner Tom Murphy as Head of its Investment Management business for the U.S. region, effective September 1, 2011. 

Ross Plumberg has been appointed Great-West Retirement Services’ regional 401(k) sales director for Kansas, North Dakota, and South Dakota.

J.P. Morgan Asset Management has hired Matthew Mintzer as head of National Accounts and leader of the Defined Contribution (DC) Advisor Team for the company's Defined Contribution Investment...