HONG KONG, Dec 21 (Reuters) – UBS Group has named veterans Amy Lo and August Hatecke as new co-heads for its Asia Pacific wealth management business, according to an internal memo issued by the leading Swiss private banking firm. Lo and Hatecke will replace Kathy Shih and Edmund Koh in the new regional roles that…
Credit Suisse Private Banking has hired Eric Kang as vice chairman for Southeast Asia based in Singapore, Citywire Asia has learnt. Effective 19 January 2019, Kang will replace David Lim, who is set to leave the bank after seven months. Kang joins from UBS Wealth Management, where he was most recently managing director at the global…
JP Morgan JP Morgan Private Bank today announced that Maya Prabhu has been named managing director and head of wealth advisory for Europe, the Middle East and Africa (EMEA). Prabhu, who will be based in London, will lead and develop a team of wealth advisers providing succession planning, family governance and next generation development to…
The chief executive officer of Credit Suisse (Luxembourg), Stéphane Herrmann, has left the private bank after two years in the role. His departure, which was first reported in the Swiss press, was confirmed to Citywire Selector by a spokesperson for the firm. Herrmann has also relinquished his role as market leader Luxembourg IWM. The…
Barclays, a British multinational investment bank and financial services company, has appointed Jean-Damien Marie as the new head of investments (Private Bank & Overseas Services) for the Europe, Middle East and Africa region. With over 20 years’ experience in capital markets, asset and wealth management business development and portfolio construction for large asset owners, Jean-Damien…
Morgan Stanley has named a new head of its team serving private equity clients in Europe — as banks step up efforts to reap fees from buyout firms’ record sums of untapped capital, amid signs of an uptick in M&A. Massimiliano Ruggieri, Morgan Stanley’s head of investment banking for Italy, has been promoted to run financial…
Edmond de Rothschild – The asset manager has placed its three specialised real estate subsidiaries under a single management and appointed Pierre Jacquot to lead the business. Jacquot has joined the asset management executive committee. Jacquot will be responsible for strengthening synergies between the €10bn real estate business as well as for convergence with other asset management and private…
