Monday, 23rd November 2009

 

Julius Baer opens private banking unit in Milan

Julius Baer has launched a private banking unit in Milan, targeting clients with at least €5m, according to various reports.

The new office will be managed by Fabrizio Rindi and Stefano Canossa.

Rindi told the Italian media in a presentation on the launch of the new office that Julius Baer did not rule out acquisitions to grow the business in Italy.

Tags: Italy

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

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347