People Moves
Union Bank of California Adds to Wealth Management Team

Union Bank of California has announced it is adding senior vice presidents John Calhoun and Chris Merrywell to its wealth management group. As regional director for the Pacific Northwest personal trust business, Mr Calhoun has been appointed regional director for the Pacific Northwest personal trust business. He will be based in Seattle. Mr Calhoun previously managed high net worth business at Charles Schwab, the brokerage. Mr Merrywell, who will manage private banking relationships in his new role, previously served as a wealth advisor at Harris Private Bank. Earlier this month, Union Bank of California said it intends to bring two of its investment management businesses under one roof. The wealth management unit, with 13 private banking offices in California and the northwest US, will in future be part of the global markets group.