Saturday, 21st November 2009

 

Rothschild hires Credit Suisse private banker for Asia push

Rothschild Private Banking and Trust has appointed Mark Jackman from Credit Suisse as head of its business in Asia Pacific and India. Jackman will also sit on the executive board of the London-based bank.

Jackman was head of Credit Suisse Trust in Asia and the Middle East. He will be based in Singapore and report to Veit de Maddalena, chief executive of Rothschild Private Banking.

A spokeswoman for Rothschild said the position was a new one.

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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