Curated News
By: NewsRamp Editorial Staff
June 03, 2025

Bruce A. Watterson Joins Peapack Private Bank & Trust as Senior Managing Director

TLDR

  • Bruce A. Watterson's addition to Peapack-Gladstone Financial Corporation enhances its competitive edge in commercial banking with his 40 years of expertise in middle market and high net worth client services.
  • Bruce A. Watterson joins Peapack Private Bank & Trust as Senior Managing Director, bringing a structured approach to commercial banking with his extensive background in finance and leadership roles.
  • Bruce A. Watterson's role at Peapack Private Bank & Trust supports community and client growth, aligning with the bank's mission to foster financial legacies and community development.
  • Discover how Bruce A. Watterson's 40-year banking journey enriches Peapack Private Bank & Trust's Garden City team, blending finance expertise with deep community ties.

Impact - Why it Matters

This news is significant for the banking sector and Peapack Private Bank & Trust's clientele, as Bruce A. Watterson's appointment brings a wealth of experience and leadership to the bank's Commercial Banking division. His expertise in serving middle market businesses and high net worth individuals will enhance the bank's ability to deliver tailored financial solutions, reinforcing its reputation for excellence and client-centric services. For stakeholders and potential clients, this move signals Peapack Private's commitment to strengthening its team with top-tier talent to better serve its community and expand its legacy in the financial industry.

Summary

Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have announced the appointment of Bruce A. Watterson as a Senior Managing Director, Managing Group Director within their Commercial Banking division. Watterson, a seasoned banker with over 40 years of experience, joins from Flagstar Bank, where he served as a senior vice president and managing group director. His expertise in middle market and high net worth client financial solutions will be pivotal in his new role at Peapack Private's Garden City, New York location. Watterson's extensive background includes positions at CitiGroup Private Bank, National Westminster Bank, Marine Midland Bank, and Mellon Financial Services, highlighting his deep industry knowledge and leadership capabilities.

Watterson's academic credentials from Pace University’s Lubin School of Business, along with his professional certifications and active community involvement, underscore his commitment to excellence and service. Peapack Private Bank & Trust, with its client-centric approach and comprehensive financial solutions, stands to benefit significantly from Watterson's leadership. The bank, part of Peapack-Gladstone Financial Corporation, boasts $7.1 billion in total assets and $11.8 billion under management or administration, reflecting its strong position in the banking sector. For more details, visit www.peapackprivate.com.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Bruce A. Watterson Joins Peapack Private Bank & Trust as Senior Managing Director

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