Wachovia Securities hires banking services director

12 January 2007

US brokerage firm Wachovia Securities has announced the appointment of a new director of banking services.

Dorian Hansen, a former vice president of MetLife in New York, will take up the newly created position, helping the firm's financial advisors to "more extensively leverage" the capabilities of Wachovia Bank, an official statement said.

Commenting on the appointment, Brand Meyer, president of the financial services group of Wachovia Securities, said: "Over the past two years, Wachovia Securities financial advisors have had substantial success providing their clients with traditional banking products, highlighted by the origination of $4 billion of loans in 2006.

"While we are pleased with this success, a leader of Dorian Hansen's caliber will help us tap the full potential of our financial advisors and Wachovia Bank."

Wachovia Securities is the US's third largest service retail brokerage firm with more than $730 billion in client assets.

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