Sunday, 8th November 2009

 

3 July 2009 - David Bain

UBS loses another senior private banker to Barclays Wealth

Oliver Gregson, a director in UBS Wealth Management in London, has left and is joining Barclays Wealth.

He joins as UK head of investment advisory at the London-based wealth manager.

Gregson departure follows that of Melanie Cassoff, a senior client adviser at UBS Wealth Management in London, who is also joining Barclays Wealth. Cassoff has been on Wealth Bulletin's rising stars list for the last two years.

Gregson worked for Citi Private Bank before joining UBS.

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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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