Saturday, 7th November 2009

 

2 July 2009 -

Standard Chartered appoints head of private banking for the Middle East

David Inglesfield has been appointed regional head of private bank for the Middle East and North Africa region for Standard Chartered. The position is a new one.

Inglesfield joins from Barclays Wealth.

The bank said it was looking to hire another 100 relationship managers globally across its network within the next year. The private bank currently has 350 relationship managers.

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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

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.

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  1. Barclays Wealth team leaves for Standard Chartered
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  4. US boutique wealth manager bolsters operations with hires
  5. Morgan Stanley poaches six-member private wealth team from UBS

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