Friday, 20th November 2009

 

30 June 2009 - Press Briefing

US wealth executives quit UBS to join RBC

RBC Wealth Management has poached William Thompson from UBS as senior vice-president and branch director for its Casper, Wyoming, office, according to a report in Private Asset Management.

The firm has also hired senior vice-president Wes Johnson from UBS for its Syracuse, New York, office.

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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”.

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