Patrick Campion is rejoining as head of wealthmanagement for Americas, The Wall StreetJournal reported May 9, citing a statement from the bank.

Campion will be responsible for running the German lender'sprivate bank in the U.S., the lender reportedly said.  

Campion worked in a similar role at Deutsche Bank for twoyears, starting 2005, before moving to serve as CEO of 's private bankingbusiness in the U.S. for nine years, according to the Journal.

At Deutsche Bank, Campion succeeds Chip Packard, who steppeddown in March and is now a client adviser at Bridgewater Associates LP.