New York-based bank
Signature has recruited a new private client banking team from Capital One Bank (formerly North Fork Bank), where they worked at an Upper East Side branch.

Matthew Weltman was named group director and senior vice president; joining Mr Weltman are Lorraine Quinlan, Scott Fenton and Mayra Rios. Mr Weltman and most of the team have worked together in different capacities for the past eight years, specialising in serving real estate management companies, among others.

This follows the move last week of two bankers to join established private client banking teams at Signature, one of whom was Thomas Murphy from Capital One.

Joseph DePaolo, Signature president and chief executive officer, said: "We believe that the current financial services landscape is affording us excellent opportunities for attracting highly talented banking professionals that are seeking a platform where they can provide clients with that single-point-of contact approach Signature Bank has become recognised for and a true commitment to care and service."