Bringing you live news and features since 2006 

Two fingers

Signature Bank appoints two private client banking teams


Signature Bank, a New York-based full-service commercial bank, has appointed two private client banking teams to its growing network.

The first team consists of eight veteran banking professionals, all of whom join from Sterling National Bank’s commercial banking division. The team, which will be based from the Bank’s private client office at 261 Madison Avenue in Manhattan, is led by five Group Directors and Senior Vice Presidents: Michael Vasami, a 30-year banking veteran; Louis Cenname, Jr, who brings 32 years of banking expertise to Signature Bank; Steven Hebert, a 38-year seasoned banking professional, Salvatore F. Costa, with 50 years of banking experience; and, Anthony Grosso, with 47 years dedicated to the banking industry. Costa’s and Grosso’s entire banking careers were spent at Sterling. Combined, these professionals bring nearly 200 years of banking experience to Signature Bank.

Most recently, Vasami was Senior Managing Director and Senior Vice President in New York City, where he specialised in serving commercial banking and high-net-worth individuals. Earlier, he spent 22 years at HSBC and predecessor institutions, holding roles such as Senior Vice President, District Executive-NYC and Head of Premier Banking in the US. Vasami also served as a Commercial Team Leader and Senior Vice President for City National Bank.

Previously, Cenname was Managing Director and Senior Vice President, focusing on business development and relationship management. He had spent 22 years at Amalgamated Bank as First Vice President, managing the healthcare division where he garnered significant relationships.

Hebert was Managing Director and Senior Vice President for 14 years, focused on relationship banking. Earlier, he worked at Bank of New York’s Great Neck Branch on Long Island, managing business development for 10 years.

Costa was most recently a Managing Director and Senior Vice President, having spent five decades in commercial banking, where he served professional service firms as well as high-net-worth individuals.

Grosso, a 40+ year banking veteran, formerly served as Managing Director and Senior Vice President, specialising in real estate management, healthcare, professional services and not-for-profit clientele.

Other members of this team include Aashish Patel, who will serve as Relationship Manager. Patel was Assistant Vice President and Senior Client Associate, catering to real estate management, healthcare, professional services and not-for-profit clientele.

Anita Khan and Monica Paul serve as the team’s Senior Client Associates. Each spent 13 and nine years, respectively, at their former institution. Both have dedicated their entire careers to the banking industry. Khan worked at Apple Bank prior and Paul at JPMorgan Chase.

The second team is led by Robert Bingold. He was named Group Director and Senior Vice President to head a three person-team that joined Signature Bank’s newly opened Forest Hills, N.Y. banking office in Queens.

Bingold spent the past 25+ years at Citibank. Most recently, he was a Vice President and Branch Manager at Long Island’s Plainedge branch. Previously, Bingold spent 13 years at Citibank’s Nassau County Seat branch in Mineola in the same type of role, which involved business development and client services. In this capacity, Bingold catered to serving professional services organizations such as law firms, accounting entities and medical practices. Bingold’s team worked together while employed at the Mineola branch.

Jason Schneidermesser joins Bingold’s team as Associate Group Director and Vice President. Schneidermesser recently served as Senior Relationship Manager and Vice President of Commercial Banking at the Brooklyn offices of HSBC, providing commercial banking solutions for small businesses. Previously, he was a relationship manager at JPMorgan Chase’s New Hyde Park office, covering Queens and Northeast Brooklyn and at Citibank in Mineola. During his banking career, he developed an expertise in servicing real estate management firms and manufacturing businesses.

Susan Fields was appointed to the post of Senior Client Associate. For the past several years, she supported several business bankers in her position as Senior Sales Support Specialist at Capital One Bank’s corporate headquarters in Melville, NY. Prior, she was a personal banker at Citibank in Mineola.

“We are off to a solid start in 2015 with the appointment of these two teams. We continue to acquire strong, long-tenured talent attracted to our market reputation. As always, we will seize relevant opportunities to attract veterans to our network, just as in the appointment of each of these top-quality teams,” noted Joseph J. DePaolo, President and Chief Executive Officer at Signature Bank.

“The Bank is becoming more and more recognised throughout the banking community for the success of our single-point-of-contact model, our unparalleled commitment to client care, our streamlined processes and our capital strength. Bankers prefer the type of model and culture found here at the Bank, which is an environment that affords them the chance to emphasise true relationship banking,” DePaolo says.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by