People
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Aberdeen takes control of Horlick's Bramdean
Aberdeen Asset Management has started managing the listed alternatives fund founded by Nicola Horlick two years ago, drawing a line under one of the highest profile management battles the City of London has witnessed in the past year.
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Citi Private Bank hires head of investments for North America
Citigroup Private Bank hired Steve Bodurtha from Bank of America Merrill Lynch as head of investments for North America, as the firm continues to fill management roles.
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Citi Private Bank Hires Head Of Investments For North America
Citigroup Inc.'s Private Bank hired Steve Bodurtha from Bank of America Corp.'s Merrill Lynch as head of investments for North America, as the firm continues to fill management roles.
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Lombard Odier hires from Coutts
Lombard Odier, the independent Swiss private bank, has hired a senior private banker to advise its UK-based entrepreneurs.
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Armstrong Investment hires partners
Armstrong Investment Managers, the London-based investment boutique, has hired two partners.
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Merrill wealth unit taps Smith Barney alumnus for Asia role
Wilson So, a former regional director at Smith Barney, will join Merrill Lynch Wealth Management next month as chief of its global wealth management advisory business in North Asia, Reuters reported citing an internal memo.
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Citi Private Bank poaches senior Merrill executive
Citi Private Bank has recruited Steve Bodurtha, chief of institutional retirement, philanthropy and investments at Bank of America’s Merrill Lynch, as head of investments for North America, according to a report in The Wall Street Journal.
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Russell Investments hires ex-SocGen executive for Asia post
Russell Investments has appointed Mahendran Nathan, former chief executive for Asia ex-Japan and Australia at Société Générale Asset Management, CEO of its Southern Asia operations, according to a report in VCCircle.
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Société Générale launches wealth office in Bahrain
Société Générale, the French bank, has launched a new wealth management office in Bahrain as part of its continued expansion in the Middle East.
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Kleinwort Benson opens Edinburgh office
Kleinwort Benson, the UK private bank, is set to open its Edinburgh offices.
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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
Diary: Utopia for Yacht Lovers
Looking to get more from your yacht? Why not share it with others?
