Commerce Capital Markets, a wholly owned subsidiary of Commerce Bancorp, has appointed Russell Vernon as senior vice president and chief ope...

Commerce Capital Markets, a wholly owned subsidiary of Commerce Bancorp, has appointed Russell Vernon as senior vice president and chief operating officer. Mr Vernon, will report to Commerce Capital Markets' chief executive officer Stan Gregor, and will be responsible for supporting the overall growth and expansion of Commerce Capital's fixed income, asset management and wealth management groups. Prior to joining Commerce Capital Markets, Mr Vernon was COO of Barrett Associates, a New York-based investment management and wealth advisory firm, which is a wholly owned subsidiary of Legg Mason. Commerce Bank has over 400 branches in New Jersey, New York, Connecticut, Pennsylvania, Delaware, Washington DC, Virginia, Maryland and southeast Florida.