More targeted

"By housing our private banking, personal trust, asset management and brokerage businesses under one integrated group, we now have the ability to further enhance our client facing teams and create a more seamless interface to our high net worth prospects and clients." says Johannes Worsoe, head of global markets at San Francisco-based UBC.

Mary Curran, head of UBC's wealth-management group, now reports to Worsoe. She will be part of a management team that includes Earle Malm, CEO of UBC's asset-management subsidiary HighMark Capital Management, Steven Short, CEO of UBC's retail brokerage UnionBanc Investment, and Michael Janes, CEO of UnionBanc Insurance.

"With our broad set of banking, trust, investment and risk management solutions Union Bank has what it takes to earn the continued trust of our wealth clients, including business owners, executives, and professional firms," says Curran. "We will now have a more targeted team approach to the markets and segments we serve, and we'll have the ability to create a client experience our competitors just can't match."

UBC's corporate parent UnionBanCal Corporation had assets of $55.7 billion at the end of 2007. -FWR

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