“there might be a more legitimate reason why many wealth managers steer clear of Norway” -- David Bain
Saturday, 21st November 2009
Uzbek oligarch Alisher Usmanov has taken a stunning collection of 112 Turner oils and watercolours from Tate Britain to Moscow, according to a report in The Guardian, London.
The lent Turners will be showcased in an exhibition opening on November 17, which will be sponsored by Usmanov's art and sports foundation.
Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.
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