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Banks

UPDATE 2-MOVES-FINRA, JP Morgan, Deutsche Bank, UBS

(Adds U.S. Trust)

Oct 22 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, send an email to moves@thomsonreuters.com.

UBS UBSN.VXUBS.N

The wealth manager promoted Philip Lofts, a 26-year veteran of the Swiss bank, as chief executive of its Americas business. UBS said Lofts will take over as head of UBS Group Americas. He will be succeeded as group chief risk officer by Maureen Miskovic on Jan. 1. [ID:nLDE69L0QH]

U.S. TRUST

The affiliate of Bank of America unit, Global Wealth & Investment Management, appointed eight wealth management advisers in key markets across the United States. Amongst them are Diane Wakefield and Greg Owens as private client managers, and Michael Muttart as regional trust executive.

FINRA

The Financial Industry Regulatory Authority, which oversees nearly 4,700 U.S. brokerages, on Thursday named Bradley Bennett head of enforcement. Bennett is a partner in the Washington, D.C. office of Baker Botts LLP. [ID:nN21120510]

JP MORGAN JPM.N

The asset management division of the firm appointed Matt Malloy as head of insurance for North America. Malloy joins from Goldman Sachs' GS.N asset management division, where he was managing director in the global insurance group.

DEUTSCHE BANK DBKGn.DE

The bank's private wealth management division appointed Arunrat Bovornvirakit and Elizabeth Lee as directors and team heads, responsible for clients in Thailand and Singapore, respectively. Both join from RBS Coutts, the private banking arm of Royal Bank of Scotland RBS.L. The firm also named Bernard Wan, formerly at DBS Private Bank DBSM.SI, as director and senior investment advisor.

ZURICH FINANCIAL ZURN.VX

The firm's North American marine unit named Michael Perrotti head of marine property and casualty and inland marine, and Joseph Howe as assistant vice president, underwriting. Cleveland-based Perrotti joins from the insurance arm of Hartford Financial HIG.N. Howe, who will be based in New York, comes from ACE Insurance ACE.N.

BANK OF SINGAPORE

The private banking arm of Oversea-Chinese Banking Corp OCBC.SI named Jean Lee as executive director and head of human resource, and Ambrose Law as executive director and chief finance officer (CFO). Law joins from Merrill Lynch, the unit of Bank of America Corp BAC.N, where he was CFO, Global Wealth Management. (Compiled by Gowri Jayakumar and Megha Mandavia in Bangalore)

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