The wealth management arm of Deutsche Bank in the US has appointed three senior private bankers from rival firms.

Deutsche Asset & Wealth Management, part of Deutsche Bank, has appointed Heather Kirby, Charles Walker and Stewart Oldfield to its private bank, based in New York.

The trio report to Andrew Gallivan, managing director and head of the New York private bank, Deutsche Bank said in a statement yesterday.

“Over the past year, we have been focused on strategically hiring top talent as we aim to be the leading provider of customized wealth solutions to high-net-worth and ultra-high-net-worth clients in the Americas,” Chip Packard, co-head of wealth management in the Americas, said.  

With over 30 years of industry experience, Kirby joined as a managing director and private banker.

Prior to Deutsche AWM, Kirby, who has 30 years of experience in the sector, was a managing director and private banker at Citi Private Bank, where she focused on the ultra-high-net-worth market. Previously, she was a managing director at US Trust.

Walker, who has over 25 years of industry experience, also previously worked at Citi Private Bank, where he was a senior vice president and private banker.

Oldfield, with more than 16 years of experience in the sector, previously worked for 12 years at Credit Suisse in its investment solutions group, where he was responsible for developing and providing portfolio solutions and liquid alternative investments to the private bank’s top institutional and family office clients.

Most recently, Deutsche Bank said it had it hired Lee Hutter as the head of wealth management for the US Western region. Deutsche AWM also announced the opening of its private bank in Dallas in September.

The wealth and asset management arm of the Frankfurt-listed bank had $1.27 trillion of assets under management as at the end of September this year.