Minneapolis-based U.S. Bank is seeking damages from the three former members of its private wealth management division, saying they broke contracts barring them from client solicitation.

The US is one of several regions Deutsche Bank has earmarked for wealth management growth. Claudio de Sanctis, the head of the private bank, outlined plans last year for the lender to double the ...

Venture firm General Catalyst has hired 20 former staffers from First Republic Bank ... to create a wealth-management business. Dave Breslin, formerly head of First Republic’s private-wealth ...