Saturday, 21st November 2009

 

Barclays Wealth appoints chief for Indian advisory business

Barclays’ wealth management division has named Adrish Ghosh the chief of its advisory business in India, according to a report in The Economic Times of India.

Ghosh would be responsible for establishing and developing the trust advisory business as part of the UK bank’s operations in India, a release issued by Barclays in Mumbai said.

Barclays Wealth, UK’s largest wealth manager by assets under management, has identified the Asia's third biggest economy as a key market, it said.

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

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