U.S. Bank has snapped up its second J.P. Morgan Chase veteran for its high-net-worth wealth management business this month. The Minneapolis-based bank hired Joe Weidenbach as Chicago market leader for The Private Client Reserve. He will lead a team of wealth management professionals providing investment management, private banking, trust and estate services and financial planning to wealthy clients in the Chicago area, the bank announced Monday.
The position was previously held by Margaret Paddock, who was appointed Milwaukee market leader for The Private Client Reserve.
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