Citigroup Aims To Double North America Private Banker Headcount

Tom Burroughes
March 11, 2010

Citigroup has laid out plans to double the number of private bankers in North America, roughly doubling the workforce to about 260 bankers from the current total of 130.
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Wealth Advisors Still Some Way Off In Meeting Client Needs

Michael Maslinski Director Maslinski & Co Ltd
The increased demand of clients for more individual advice and risk management will only be met if wealth managers define their offerings far more precisely. This article points to the shortcomings in the industry and what can be done to deal with them.

Latest In-depth Industry Analysis

Active Vs Passive Investing - The Debate Rolls On
Ultimately, the debate on whether passive investing makes better value for money over the long term than active investing is, perhaps, one of those investment issues that will never be entirely resolved one way or the other. But there is no doubt that with ETFs now such a visible part of the investment landscape, the passive approach is getting a lot of attention.

North American Executives Moves - February 2010
Here is the latest roundup of moves in the North American wealth management market February.

Executive Moves - February 2010
Among the highlights of February were a series of defections from Morgan Stanley Private Wealth Management to Rothschild and a top-level appointment by Barclays Wealth for EMEA.

The Looming End For Offshore Banking As We Know It
The offshore world is under assault on a number of fronts and there are steps that HNW individuals and their managers should take to adjust to the changing financial landscape, this report argues.

Guest Article

Big Divorce Cases Turn Spotlight On Asset Valuation Shifts

Nigel Shepherd Mills & Reeve
A contentious issue arising from the financial consequences of a divorce is asset valuation. In the last couple of years, two particular factors have made this task even more challenging: uncertainty in the way in which the family courts have been developing and applying the principles to be followed; and the uncertainty and dramatic reversal of fortunes caused by the recession.

Goldfinger's Diary

• RBS Coutts' Central, Eastern Europe Banking Head Resigns
• Lugano-Based BSI Says Has Not Been Sold, Rebuts Report
• Senior Moves At Barclays Wealth
• UBS Signals Asian Wealth Ambitions With Major Move In Singapore
• Swiss Private Bank Says Has No Exposure To Galleon, Liquidates Fund
• Merrill's EMEA Wealth Management Head Resigns
• Major Moves From Sarasin In Asia
• Emirates NBD Appoints Saudi Private Banking Director

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