Sunday, 8th November 2009

 

SG Hambros beefs up in the Middle East

SG Hambros, part of SG Private Banking, bolstered its Middle East private banking desk with the hire of a senior private banker, as the latest private bank to strengthen operations in the region.

The bank, which is owned by French bank Société Générale, hired Mayssoun Habra as senior private banker in the Middle East as part of a continuing expansion.

She will report to Phil McIlwraith, group commercial director at SG Hambros, and Patrick Thiriet, global market manager for the Middle East.

Mayssoun Habra joins from the National Bank of Dubai, London, where she was most recently manager private banking and manager UK real estate in the private office.

Tags: Mayssoun Habra , Middle East , SG Hambros

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

Sotheby's 3Q loss widens

Sotheby's third-quarter loss widened as the art auction house posted a worst-than-expected decline in revenue and a tax expense.

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