- September 3, 2010 - Citi Private Bank Boosts Russia and CIS Team
Citi Private Bank has appointed Polina Poluneeva as a private banker for its Geneva office, covering Russia and other CIS countries, in a bid to boost its wealth management presence in the region, WealthBriefing has learned.
Poluneeva most recently worked in the sales and marketing team for energy and commodities structured debt at BNP Paribas, particularly dealing with the implementation of complex debt structures for the key commodity players in Ukraine, Russia and Belarus. In her prior career Poluneeva was with WestLB in Germany, working on long term financing for.
- September 2, 2010 - Executive Moves - August 2010
North America
JP Morgan Asset Management named Michael O'Brien to the newly created role of global head of institutional client group. He reports to chief executive Mary Callahan Erdoes. Prior to this position, O Brien was head of the institutional investment management division of BlackRock.
- August 20, 2010 - European ETF Assets Slip After Climbing To New Peak - Lipper
Exchange-traded funds in Europe rose to an all-time high of €186. 89 billion (around $240 billion) in May before declining in the following month to €183. 89 billion, according to research firm Lipper.
- August 20, 2010 - Emirates NBD Names New Private Banking Chief
Emirates NBD has appointed Iyad Quttaineh as its new head of private banking in London, WealthBriefing has learned.
Quttaineh started his role on 30 June and was previously a senior investment manager at BNP Paribas.
When contacted by this publication on the matter, Emirates NBD declined to comment.
- August 17, 2010 - Deutsche Attracts Informal Suitors For BHF Unit As Deadline Rolls By
Deutsche Bank has received several informal offers for BHF, the wealth management and corporate banking unit of recently acquired Sal Oppenheim, Reuters reported, citing an unnamed source.
Yesterday was the deadline for possible buyers to indicate their interest in BHF. No binding offers have been sought yet and a deal is unlikely before the end of the year, the news service said, citing people familiar with the matter.
- August 16, 2010 - BNP Paribas Eyes Brazilian Brokerage
French banking giant BNP Paribas is planning to acquire a Brazilian brokerage before the end of the year to enter the competition for clients in the country’s initial public offering market, according to Bloomberg, which cited an executive of the bank’s Brazilian unit.
“Without a brokerage, we have no way of entering this segment, which is considered strategic for our investment banking business to grow faster in Brazil,” Renato Abissamra Filho, chief operating officer for Banco BNP Paribas Brasil’s wealth management unit, is reported to have said in an interview in Sao P. .
- August 9, 2010 - Plugging A Knowledge Gap: BMB Islamic Unveils Bumper Report On Shariah Finance
BMB Islamic, which provides Shariah structuring and advisory services, has launched a 244-page guide to the $1 trillion Islamic banking and financial services sector, in a bid to fill what it sees as continued gaps in knowledge about this growing field.
The Global Islamic Finance Report 2010 lists, in exhaustive detail, both the size and growth of this sector as well as looking at more qualitative aspects of Shariah finance.
“Despite the fact that this industry has grown significantly over the last two decades, there remains a shortage of authentic data on the size, growth a.
- August 9, 2010 - JM Finn Bolsters Wealth Management Team
The investment manager JM Finn has added two new senior executives from BNP Paribas to its London wealth management team - a move which the firm said shows its dedication to expanding its private client business.
“The recruitment of high calibre investment managers remains a strategic priority at JM Finn,” said chairman James Edgedale.
Andrew Cumming, who is currently investment director at BNP Paribas Capital, and Michael Barlow, a senior investment manager within the private client division of the firm, will join in the coming months.
- August 5, 2010 - Barclays Wealth Builds EMEA Alternative Investments Business
Barclays Wealth has hired four new senior executives to its EMEA Alternative Investment Origination and Distribution teams, in a move aimed at widening its range in the hedge fund and private equity market.
Boudewijn Jansen and Sarah Newman will join the team as head of private equity origination and head of hedge fund origination respectively.
Jamie Murray will join as director and Emily Smart has been appointed as hedge fund specialist and will report to Murray.
- August 4, 2010 - Executive Moves - July 2010
UK
Mark Atherton left the Birmingham branch of Rathbone Brothers, the UK based private wealth and investment management firm.
John Lamb Partnership, the London-based IFA, named Campbell Edgar as head of private clients, a role in which he will oversee an eight-strong team of financial planners. He joins the firm from Andersen Charnley, where up until April of this year he served as consultant director within its City division.
