Friday, 19th March 2010
Julius Baer, the Swiss private bank, has hired a new head of finance from rival Credit Suisse.
Frank Keller has been named head of finance, reporting to Boris Collardi, chief operating officer at Julius Baer headquartered in Zurich.
He comes from Credit Suisse where he was most recently senior finance officer private banking Asia Pacific, based in Singapore. Prior to that, he was at UBS in Switzerland.
When I was offered the chance to pick up a Ferrari 599 GTB Fiorano from Geneva for a five-day road trip terminating at Ferrari UK headquarters in Slough, the question I asked myself was this: “What would Ferris Bueller do?”
The Royal Bank of Scotland will ask shareholders to approve a new long-term incentive plan for executive directors which could see bankers paid four times their salary in shares, after the bank listed its difficulty in attracting and retaining staff as one of the risk factors it faced.
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