PrivateBancorp Names New Head Of Mortgage Banking

Chicago-based PrivateBancorp Inc. has named Richard Bechtel managing director and head of mortgage banking.

Bechtel, who joined PrivateBancorp 2009 and previously headed its suburban market private banking activities, has more than 20 years of mortgage banking experience, including with Chase and Wells Fargo.

He will oversee PrivateBancorp's mortgage banking activities in Illinois, Michigan and Missouri.

SOURCE: PrivateBancorp Inc.

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