Barbara McCollum and Robert Rosenberg both join as managing directors and private bankers. McCollum was with Wilmington Trust for some 30 years, and was most recently that firm’s Delaware Mid-Atlantic wealth advisory market leader.

Rosenberg, meanwhile, was Wilmington Trust’s head of sales for the Mid-Atlantic region, and spent nearly 13 years at the firm.

Also joining the Philadelphia office is Timothy Carroll, who has been appointed as a director and wealth planner. He joined Wilmington in 2010 from PNC Wealth Management in Delaware, where he was a senior wealth planner. As well as estate planning and transfer, he specializes in exit strategies for business owners.

Citi has also named Paul Gordon as a director and investment counselor at its private bank. Gordon was latterly a senior investment advisor and vice president at Wilmington Trust, prior to which he was at Wachovia Bank.

Completing the appointments is Jennifer Phillips, who joined Wilmington in 2006 and is now moving to Citi Private Bank in the capacity of banker associate. 

Commenting on the appointments, Paul Hubert, eastern regional executive at Citi Private Bank, said the region was an important one for the firm, and this latest round of hiring was part of a strategy to expand its franchise throughout Pennsylvania and Delaware.

In a recent interview with Family Wealth Report, David Bailin, managing director and global head of managed investments at the firm’s offices in Midtown, New York City, said the private bank was no "little sister" organization the the Wall Street giant.

In fact, the private banking arm has some $230 billion of client assets globally , and has expressed plans to hire bankers and increase its domestic and overseas footprint over the next few years.