The News Review:
- BNY Mellon Wealth Management Hires Head of Private Bank Lending
- Washington Trust Wealth Management Selects Smartleaf Technology
- The Risk Management Association and Automated Financial Systems …
BNY Mellon Wealth Management Hires Head of Private Bank Lending
MarketWatch
Engel as head of private bank lending. In this newly
created role, Engel will oversee credit administration, underwriting and
portfolio risk management. She is based in the firm’s One Wall Street
headquarters and reports directly to Bill Sappington, executive director of
national banking.
Washington Trust Wealth Management Selects Smartleaf Technology
MarketWatch
, Nov 12, 2008 (BUSINESS WIRE) –
Washington
Trust Wealth Management today announced that it has selected
Smartleaf, Inc. to provide overlay technology for use across its three
investment management divisions; Weston Financial Group, Inc. ,
Washington Trust Investors, and 1800 Asset Management. The Smartleaf
technology will enable Washington Trust Wealth Management to implement
an open-architecture overlay program that combines proprietary models,
third-party managers, mutual funds, fixed income and exchange traded
funds. This will enable Washington Trust to create and maintain a
comprehensive solution that will leverage each division’s
strengths, without additions to staff.
Related from Prmonster: Washington Women in Public Relations Names Marilynn Deane Mendell …
The Risk Management Association and Automated Financial Systems …
MarketWatch
RAS members now receive an expanded set of risk-rating metrics. In
addition to borrower risk ratings, institutions are now able to segment
their portfolios by measures of default probability, loss given default,
and expected loss, risk parameters mandated by the international Basel
II rules. About RMA
Founded in 1914, The Risk Management Association is a not-for-profit,
member-driven professional association whose sole purpose is to advance
the use of sound risk principles in the financial services industry. RMA
promotes an enterprise-wide approach to risk management that focuses on
credit risk, market risk, and operational risk. Headquartered in
Philadelphia, Pennsylvania, RMA has 3,000 institutional members that
include banks of all sizes as well as nonbank financial institutions. Visit RMA on the Web at.