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US Private Bank Names Head Of UHNW-Focused Family Wealth Business
Tom Burroughes
29 September 2017
Key Private Bank, the wealth management division of KeyCorp, has appointed of Douglas Banbury to managing director and head of Key Family Wealth Investments. In this role, Banbury will lead the family wealth team of investment professionals, delivering services aimed at ultra-high net worth clients. Banbury will be based in Cleveland, reporting to Joe Calabrese, national head of investments for Key Private Bank and Gary Poth, head of Key Family Wealth, the firm said in a statement yesterday. Previously, Banbury served in a senior regional role for Hawthorn, PNC Family Wealth, responsible for managing select UHNW client relationships. He also worked in senior management for Morgan Stanley and UBS in New York, and more recently with a New York City multi-family office. Earlier in his career, Mr. Banbury served as head of strategic alliances for a financial services technology start-up, where he helped develop several joint ventures.