Saturday, 21st November 2009

 

Coutts opens two regional offices

Coutts is expanding its presence in regions outside London by launching two offices in Cheltenham and Exeter, according to a report in the Financial Times.

The private bank for rich customers has added to the number of wealth managers working in the regions by about 80% in last four years.

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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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