Union Bank has hired Stephen Sherline as the Los Angeles regional managing director of The Private Bank, part of its wealth management group. Sherline will oversee all facets of wealth management, including wealth planning, investments, risk management, fiduciary services and banking, for multiple locations in the Los Angeles area, Union Bank said in a statement.

Sherline was formerly the managing director of investments for Fifth Third Bank, where he led a team that managed more than $3.3 billion in assets.

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