Sunday, 8th November 2009

 

22 February 2008 - David Bain

Credit Suisse’s private banking head for China leaves

But it is unclear where he is going.

Credit Suisse's private banking head for China Alfred Tsai, is leaving, according to a Dow Jones report.

The report said Tsai is currently on leave and his last official day is April 8th.

Anuj Khanna, Credit Suiss's head of private banking North Asia, will oversee the China market in the meantime.

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  2. Lloyds wealth team quits after bonus worries
  3. UBS wealth unit takes £33m hit on rogue trades
  4. Morgan Stanley poaches six-member private wealth team from UBS
  5. Citigroup plans 75 layoffs at wealth management division

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”.

Rich Monitor

Sotheby's 3Q loss widens

Sotheby's third-quarter loss widened as the art auction house posted a worst-than-expected decline in revenue and a tax expense.

More from Home

  1. Sotheby's 3Q loss widens
  2. Going local --- In a shaky art market, collectors stick close to home
  3. In Tax Case, 4 Days Save Robertson $27 Million
  4. Barclays Wealth team leaves for Standard Chartered
  5. Lloyds wealth team quits after bonus worries

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