People Moves
Deutsche Bank US Names New Eastern Private Bank Head
Deutsche Bank has made Chip Packard its head of private bank activities in New York, Boston, Chicago and Florida, replacing Kyle Delaney.
Mr Packard will report to Tom Bowers, head of the US private
wealth management division and continue to serve on the US
private wealth management executive committee. His
appointment came into effect on 1 January and he is based in New
York.
This is an internal hire, as Mr Packard joined Deutsche Bank in
2006. Since then he has successfully expanded the private bank’s
partnership with Deutsche Bank's global banking and global
markets divisions.
Prior to joining Deutsche Bank, he was responsible for managing
all interactions between Credit Suisse's investment banking and
private banking divisions in the Americas. Chip also helped
develop Credit Suisse's family office and ultra high net worth
client segment strategies in the US and oversaw the concentrated
equity product platform.
Mr Delaney remains with the bank working for DB Advisors,
Deutsche Bank’s institutional asset management business.
