MIDWEST

Bank of America Corp. has promoted Shawn Lancelot to senior vice president and private client adviser at its U.S. Trust.

He is based in Wichita and will report to Patrick Petersohn, market executive for Kansas and Iowa.

Before the promotion Mr. Lancelot worked for B of A's global corporate and investment banking division. He began his career with the company in 1989 and has worked in its global consumer and small-business banking, global commercial banking, and global treasury services divisions.


WESTBank of New York Mellon Corp. has hired Watt W. Webb 3rd as a senior director of portfolio management for BNY Mellon Wealth Management in Southern California.

He will report to David Emmes, the wealth management arm's regional president in Southern California.

Mr. Webb was a portfolio manager and director of research for Oakwood Capital Management LLC in Los Angeles.


INTERNATIONALDeutsche Bank AG has hired David Fry as a managing director and the head of global markets for Canada.

He will oversee debt products in the country and will report to Paul Jurist, the country head for Deutsche Bank in Canada, and Phil Weingord, the head of global markets for the Americas.

Mr. Fry will be based in Toronto and will join the company this fall from ABN Amro Holding NV, where he is an executive director and the global head of local market Eurobonds and is based in London.

Before joining ABN Amro he had worked for nine years at Toronto-Dominion Bank, most recently as the head of government finance.


Northern Trust Corp. of Chicago has promoted Gregg D. Behrens to head of its corporate and institutional services in Asia and the Pacific.

He will move to Singapore from Chicago and will remain an executive vice president. He will report to Timothy J. Theriault, the president of Northern Trust's corporate and institutional services.

Mr. Behrens has worked at Northern Trust for 33 years, most recently as the head of its Europe, Middle East, and Africa asset servicing. He was based in London from 2005 until returning to Chicago in May.

Before that he had headed various divisions of Northern Trust.

He began his career there in 1974 at its farm management subsidiary. He worked in that unit and in Northern Trust's commercial banking business until the mid-1990s.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.