Moves
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Barclays Wealth scoops Citi risk heavyweights
Barclays Wealth has made two senior hires for its compliance business from rival Citigroup.
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UBS loses another senior private banker to Barclays Wealth
Oliver Gregson, a director in UBS Wealth Management in London, has left and is understood to be joining Barclays Wealth.
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JO Hambro appoints head of private clients
J O Hambro Capital Management, the boutique investment firm, has hired a chief executive for its private client business.
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Standard Chartered appoints head of private banking for the Middle East
David Inglesfield has been appointed regional head of private bank for the Middle East and North Africa region for Standard Chartered. The position is a new one.
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Citi Private Bank new head appoints deputies in Europe
Citi Private Bank's new global chief executive, Jane Fraser, has made her first senior reshuffle since she took over the role in early June.
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Wealth Bulletin rising star quits UBS to join Barclays Wealth
Melanie Cassoff, a senior client adviser at UBS Wealth Management in London, has resigned and is understood to be joining Barclays Wealth.
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London search firm hires wealth specialists in the US
Sheffield Haworth, the London-based recruiter owned by Michael Spencer, has hired a team of three hedge fund, wealth and asset management consultants for its new office in the US.
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HSBC Private Bank hires for Middle East expansion
HSBC Private Bank has hired a director for its Middle Eastern business from Merrill Lynch.
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Geneva private bank appoints new chief executive after resignation
Société Bancaire Privée has appointed Silvana Cavanna as its new chief executive to replace Eugenio Lapenna who has resigned, according to a statement from the bank.
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EFG International: Ruflin Appointed Deputy CEO, 1H Seen Weak
Edited Press Release Swiss private banking group EFG International AG said Monday, Lukas Ruflin has been appointed deputy CEO, returning from EFG Financial Products which he co-founded in 2007.
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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
$95 Million Trump House Could Be Sold–Again
Donald Trump set a record when he sold a house for $95 million last year. It was, he proudly pointed out, the largest amount paid in the U.S. for a single-family home.
