Sunday, 22nd November 2009

 

Vontobel Hires 3 Seniors For UK Brokerage Activities

Swiss private bankVontobel Holding AG (VONN.VX) said Tuesday it has expanded its brokerage activities in the UK with three senior hires for its London branch. The expansion reflects the commitment of Vontobel to developing its presence in London.

The new hires will be joining Vontobel's London team, which is led by Managing Director Robin Bagchi. The additions to the team, who have had extensive brokerage experience at leading global financial institutions, comprise of the following individuals:

Matthew Thomas joins from Cheuvreux as Head of Sales trading to UK Clients. Matthew has 11 years of experience and started his career with Credit Suisse Group (CS).

Stuart McCandlish joins from Cheuvreux as a Senior Salesperson. Stuart has 21 years experience and started his career with UBS AG (UBS)

Leland Timblick joins from Bank AM Bellevue as a Senior Salesperson. Leland has 12 years experience and started his career with UBS.

Zurich Bureau, Dow Jones Newswires; +41 43 443 8040; zurichdjnews@dowjones.com

Tags: Vontobel

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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