Leadership changes and litigation risk should not scare investors away from financials, as quarterly results show that several names are currently a fairly good deal, says Morningstar's Jim Sinegal.
Luke Palacio will join Citi Private Bank as managing director and regional market manager for the South East region on March 18. He will look to expand the firm's presence throughout South Florida beyond Miami, Boca Raton and Palm Beach.
TD Bank Group has agreed to buy asset management firm Epoch Holding (EPHC) for $668 million in cash, giving the Canadian company the U.S. asset manager it had been looking for.