Sunday, 22nd November 2009

 

Bank of London and The Middle East builds in private banking

The Bank of London and The Middle East has hired three senior bankers to build up its private banking arm.

Muriel Simon, Fazal Ahmed and Ihab Al-Derzi join the bank's private banking division, following its launch in January this year.

Simon joins from Swiss bank UBS in London, where she focused on UK resident, non-domiciled high net worth clients.

Ahmed joins from Bank of Ireland Property Finance where he specialised in the European real estate market.

Al‐Derzi joins from Barclays, where he worked within the retail, commercial and private client divisions.

Adrian Gayler, head of private banking at BLME, said: "We have been working hard over the past six months to build a team with the experience and expertise to provide our private banking clients with robust, professional advice."

Tags: Bank of London and The Middle East

Brummel

Relocation, relocation, relocation

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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