“Seven years of fat accumulated by the use of cheap credit is set to be followed by seven years of lean” -- Mike Foster
Tuesday, 2nd December 2008
New Aargauer Bank, a Credit Suisse subsidiary based in the northern Swiss city of Aarau, has appointed Sandro Meichtry as its new head of private banking.
Meichtry joins from Zürcher Kantonalbank, where he was head of private banking, overseeing a team of 55, according to a statement from New Aargauer Bank.
He replaces Heinz Thommen, who is retiring, the bank said.
Sebastian + Barquet, a three-year old design gallery based in New York and Chelsea, is opening a new gallery showing museum quality pieces in Mayfair next month, the first in London to focus on international modernism from the 1940s to the 1960s. Its opening exhibition is dedicated to American modernist design and is curated by celebrated architect Eric Parry.
Frank DeRose, the New York financier in charge of Furrata Capital, plans to invest at least $1m (€791,922) of his own money into Total Prestige, a 15-year-old worldwide social-networking company aimed at establishing an exclusive online community for millionaires, according to a report in New York Post.
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