The
Bank of New York's Pershing unit has hired a sales veteran from Charles Schwab Institutional.
Paul Wichman, a twelve year veteran from Schwab, joins Pershing's Investment Manager Services
unit as a managing director.
Wichman will work in Pershing's New Jersey office and report to
John Iachello, the heat of the Investment Manager Services group.
At Schwab, Wichman was responsible for West coast sales strategy. 
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