Sunday, 8th November 2009

 

Investec strengthens Manchester office with hires

Investec Private Bank has expanded its Manchester-based banking division with the appointment of two senior bankers from HSBC and RBS.

Sarah McKendrick and Mark Jones will focus on delivering treasury services to owner managed businesses, intermediaries and private clients based in North England.

McKendrick has over 16 years of banking experience and joins Investec from HSBC.

Mark joins from the Royal Bank of Scotland where he was relationship manager of a large corporate team responsible for managing and developing a portfolio of 60 clients with a turnover of over £50m.

Linda McBain, head of banking services, Investec Private Bank said, “We are seeing increased demand for our specialist treasury services in the North-West of England and in Manchester in particular.”

Tags: Investec Private Bank

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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