Florida-headquarteredGibraltar Private Bank & Trust has appointed former JP Morgan
banker Jumah Hamilton as an assistant vice president and private
banker.

At
JP Morgan Chase & Co, Hamilton was an assistant vice president of
business banking, responsible for a portfolio of around 100 clients
and $30 million assets under management. He was also a personal
banker at the firm's downtown Manhattan Chase Plaza branch.

This
is the third hire announced at the wealth business in recent months,
after the bank hit some trouble in October 2010 when it was served
with a cease and desist order from regulators, citing unsound banking
practices related to its Bank Secrecy Act and Anti-Money Laundering
policies and procedures, as well as problem loans. Near the end of
June this year Matthew Lapides, managing director of wealth
management, resigned and Adolfo
Henriques, the firm’s vice chairman, president and COO, reportedly assumed the wealth management responsibilities on an
interim basis.

Gibraltar
Private was set up in 1994 and has eight full-service banking offices
in Coral Gables, Fort Lauderdale, Miami, Miami Beach, South Miami,
Naples, Ocean Reef and New York, and a loan production office in
Aspen, Colorado.