Signature Bank (SBNY) in New York has added to its national sales staff for specialty finance.

The $19.7 billion-asset company said it has hired seven sales executives for Signature Financial, a specialty lending unit. The officers will work out of offices in Tennessee, New York, Pennsylvania, Colorado and Virginia.

"Since Signature Financial was introduced … just 16 months ago, we have steadily grown this specialty finance business unit," Walter Rabin, the unit's president and chief executive, said in a press release. "The addition of these seven professionals helps to expand our nationwide capabilities."

Signature Bank started the specialty finance unit in April 2012. With the additions, the unit will have 19 sales executives. The new officers are Harry Newman, who will be based in Knoxville, Tenn.; Craig Cleary, in Harrisburg, Pa.; Bill Musgrave, in Denver; Rob McKenna, in Philadelphia; Mark Riley, in Richmond, Va.; and Joseph Farinella and Rick Scheffel, in Melville, N.Y.

The company has also been expanding in private banking, hiring teams away from HSBC and Citigroup (NYSE: C).

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