Santander, HSBC and Cross River Bank: Bankers on the move
During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership.
The holding company for Santander Bank and the auto lender Santander Consumer created several new leadership roles, including naming Timothy Wennes, the West Coast president and head of regional banking at San Francisco-based MUFG Union Bank, as president and CEO of the $74.5 billion-asset Santander Bank.
Cross River bank managed to attract several employees from student loan refinancing company Laurel Road to join its capital markets team, while Signature Bank went on its own hiring spree, luring away commercial bank officers from several competitors across the country.
Embattled Deutsche Bank continues to see top talent depart. During the summer, its investment bank arm saw the departure of several senior executives, with more vacancies expected to follow.
HSBC USA recruited new leadership from the ranks of Citigroup. Veteran banker Michael Roberts, who has also been Citi’s global head of corporate banking and capital management, would succeed Patrick Burke, 57, in October.
Scroll down to see the highlights of bankers on the move this summer.