Monday, 23rd November 2009

 

3 November 2009 - Tara Loader Wilkinson

RBC Wealth expands in Dubai

RBC's corporate employee and executive services, part of Royal Bank of Canada Wealth Management, has hired two managers from HSBC for its Middle East operations.

RBC's corporate employee and executive services hired Simon Stirzaker and Rola Azab as senior manager and manager respectively.

Stirzaker and Azab will report to Julian Gardner, director, EMEA, based in Geneva.

Tags: Royal Bank of Canada Wealth Management

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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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