Bayerische Vereinsbank Appoints Daly Treasurer After Schroeder Resigns From Post In New York

BANKS

Following the recent resignation of senior vice president and treasurer, Jorg Schroeder, German-based Bayerische Vereinsbank [BVB] has appointed Joseph Daly treasurer of its New York office.

Asked why Schroeder resigned, executive vice president and general manager, Siegfried Bouvier said, "the shop that we have here is very small for a man of his talent."

Prior to joining BVB, Bouvier said Schroeder worked for Chase Manhattan Bank for about 17 years. "He was hired by [our] head office for a