DOHA: Deutsche Bank Wealth Management has appointed Mubashar Ayoob (pictured) as Head of its Wealth Management business in the Gulf region, effective immediately. Ayoob is a seasoned private banker with 23 years of industry experience gained at Merrill Lynch and UBS. He joined Deutsche Bank in Dubai in October 2011 and has since been highly…
The Peninsula JP Morgan Private Bank yesterday announced that Steve Wainwright has been named Managing Director and senior Banker to the firm’s Middle East and North Africa (Mena) team in Geneva. Wainwright will join an award-winning team of advisors providing investments advice and generational wealth planning for ultra-high net worth clients and prospects across the…
A reduction in the number of EU tech graduates moving into the UK is making it difficult to recruit and retain talent in the finance sector, and Brexit could be partially to blame. The Fuelling Fintech report from TheCityUK, which promotes Britain as a financial centre, and recruitment firm Odgers Berndtson, said fintech and other…
Standard Chartered Private Bank has appointed Ali Hammad as Market Head, Private Banking, Middle East and North Africa (MENA). Ali is based in London and reports to Stephen Atkinson, Regional Head, Private Banking Europe, Middle East and Africa. Hammad brings with him some 30 years of private banking experience. He joins from Coutts & Co.…
Nick Gartside has left his role as global head of fixed income and bond fund manager at JP Morgan Asset Management. Mr Gartside has been an employee of JP Morgan since 2010 and previously worked at Schroders and Mercury Asset Management. His fund management responsibilities will be taken on by Ian Stealey. A JP Morgan…
In line with its growth strategy, VP Bank in Singapore has reinforced its organisational and management structure and created the new function of the «head of client business». Reto Marx joins the local management of VP Bank Singapore Branchas head of client business, reporting to local CEO Bruno Morel, according to a media release on…
The private bank said it plans to ramp up on hiring private bankers massively this year. The move follows the poaching of an 18-person team in the Middle East last month. Geneva-based Pictet will hire up to 300 bankers in its wealth management and asset management arms this year, senior partner Nicolas Pictet said in…
ZURICH, Jan 14 (Reuters) – Swiss private bank Julius Baer said on Monday it was proposing Romeo Lacher, the current chairman of Swiss stock market operator SIX Group, as its new non-executive chairman. Lacher, a former Credit Suisse executive, is due to replace Daniel Sauter, who will step down after seven years as chairman at…
HSBC Private Bank has appointed a new head of Private Wealth Solutions North Asia. The firm plans to hire for 700 roles over the next five years in the region. Cynthia Lee will join HSBC Private Bank as head of private wealth solutions (PWS), North Asia, effective on 14 January, the bank said in a statement. She…
Credit Suisse has hired a former Citi banker as new head of wealth management Thailand starting on March 20. He takes over from Thippa Praneeprachachon. Natt Thanomsat will be the new head of wealth management Thailand come March, where he will lead a team of investment planners, according to a press release by Credit Suisse. Based in Bangkok,…
