Saturday, 21st November 2009

 

Barclays Wealth hires senior quartert in Asia

Barclays Wealth has made a number of hires in Asia.

UK's largest wealth manager has hired Joanna Chu as managing director and co-head of north Asia. She joins from Hang Seng Bank's wealth management business in Hong Kong, and has 20 years of experience in the region. Chu brings a team of three with her.

Lisa Yam and Charles Li, both with over 20 years of banking experience, join as directors, while Sarah Chin joins as associate director.

Chu will share her role with Philip Fan, reporting to Didier von Daeniken, chief executive, Asia Pacific.

Tags: Barclays Wealth , Didier von Daeniken , Hang Seng

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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