PrivateBancorp Names Chief Investment Officer for Private Wealth
William T. Norris also will head trust and investments
CHICAGO, Jan. 6, 2011 /PRNewswire/ -- PrivateBancorp, Inc. (Nasdaq: PVTB) today announced William T. Norris has joined The PrivateBank to serve as Chief Investment Officer and Head of Trust and Investments for its Private Wealth group, which provides trust and investment services and private banking to high net worth families.
Norris joined The PrivateBank from J.P. Morgan Chase where he was Managing Director and the Chief Fiduciary Investment Officer for J.P.Morgan's Private Bank and Private Wealth Management Services Fiduciary Group, responsible for overseeing all investment activities for the trust clients of the firm. Over the course of his nearly 30-year career, Norris has worked in a variety of roles supporting the range of investing needs for high net worth clients.
"Providing exceptional investment, trust and private banking services to our clients has been a hallmark of The PrivateBank since its inception," said Kristine Garrett, Managing Director and Head of Private Wealth at The PrivateBank. "Bill has a great depth of knowledge across the investment spectrum and we are pleased to add his expertise to our team as we grow this very important segment of The PrivateBank's business."
About PrivateBancorp, Inc.
PrivateBancorp, Inc., through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities we serve. As of September 30, 2010, the Company had 34 offices in 10 states and $12.6 billion in assets. Our website is www.theprivatebank.com.
SOURCE PrivateBancorp, Inc.
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