U.S. Trust's newest executive comes from its fellow Bank of America unit Merrill Lynch.

Paul Reilly will oversee U.S. Trust's Central North Division, which includes Illinois, Michigan, Missouri, and Minnesota. He is based in Chicago and reports to President Keith Banks, a spokeswoman said.

Reilly began his career as advisor with Merrill in 1986, according to FINRA BrokerCheck records.  For part of his career, he served as Merrill's head of Emerging Market Sales for the U.S. and Latin America.

Earlier this month, U.S. Trust said that Mark Benson, head of the firm's Central South Division, would also oversee the Texas market.

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