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His father is an executive director, in New York, for the private client division of CIBC Oppenheimer, an investment bank.
Through its private client division in Boston, Anglo Irish was one of the most wildly eager property lenders in the United States.
The $4.03 billion in revenue from the company's so-called client division -- PC operating systems, mainly --was about $300 milessn less than most analysts had expected.
Many of them have been in the private client division, an area that Mr. O'Neal has said that he hopes will grow.
He was Robert Trout, lawyer for the Merrill investment banker Schuyler Tilney -- not G. Kelly Martin, president of Merrill's international private client division.
Her father works in Plainsboro, N.J., for Merrill Lynch & Company, the securities brokerage firm, as the chief financial officer for the United States private client division.
Similar(47)
The desire to have a share in this business has led the private client divisions of many international banks to develop sophisticated skills to avoid scrutiny from regulators.
The bank is distracted, analysts said, by inefficient relationships within its corporate client divisions where, at times, many bankers approach the same clients with advice on deals and loan pitches.
A lot of investors are likely fed up with the nameless hedge funds and high-net-worth client divisions.
The private-client division deals with individual investors and small and medium-size business.
Traditionally, the bank's assets had been managed conservatively and the profits had gone to the private-client division.
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