president of its international private bank, which provides investment management services for wealthy people and families who are not U.S. residents.

Mr. Aguirre, 53, will be based in Houston and oversee the marketing of the bank's investment management services through nine offices. Bank of America, based in Charlotte, N.C., manages $120 billion for wealthy people and families in its private banking group.

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.