Saturday, 4th July 2009

 

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Most Read

  1. UBS loses another senior private banker to Barclays Wealth
  2. Austrian private banker under scanner over alleged Madoff kickbacks
  3. Citi Private Bank new head appoints deputies in Europe
  4. Wealth Bulletin rising star quits UBS to join Barclays Wealth
  5. $95 Million Trump House Could Be Sold–Again

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.

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  3. Investors push for improved terms on funds
  4. Deluge of debt masks oil surge
  5. Sowing the seeds of recovery

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