- September 9, 2010 - What HNW People Want From Wealth Managers - Scorpio Lifts The Lid
The consultancy firm Scorpio Partnership is surveying high net worth individuals about their attitudes to work and lifestyle in a bid to help wealth managers win back client trust and benefit from any recovery in global markets.
Scorpio’s Futurewealth programme – now in its second year – investigates the behaviours and needs of HNW individuals worldwide. In 2009, the firm drew responses from almost 1,500 persons, with an average net worth each of around $2.
- 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 9, 2010 - ABN AMRO Names Market Manager For Singapore, Malaysia
ABN AMRO Private Banking has appointed Jimmy Kee as market manager for Singapore and Malaysia.
Kee has over 30 years of experience in the financial services industry and was most recently the head of marketing for Indonesia at Standard Chartered Private Bank. Prior to that, he was the deputy head of Fortis Private Bank.
- August 6, 2010 - Entrepreneurs Upbeat On Global Growth - StanChart Survey
Entrepreneurs worldwide have given their views on the current business climate as well as their expectations for the coming 12 months, concluding that the economy will either improve or at least stay the same, according to a survey conducted by Standard Chartered Private Bank and the Entrepreneurs Organization.
The two institutions have launched the Global Entrepreneur Indicator, a study designed to gather insights into areas such as job data, profits, exposure to debt, investments and growth industries, allowing an assessment of the state of the entrepreneurial community and an id. .
- August 4, 2010 - StanChart's Wealth Management Income Flat, Group Profits Rise
UK-listed Standard Chartered said today its wealth management and deposits operating income in the six months to 30 June stood at $1. 106 billion, compared with $1. 1 billion a year before.
- 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.
- July 20, 2010 - Ex StanChart NRI Private Banker Joins Citi
Former Standard Chartered private banker Vaibhav Sharma is joining
Citi Private Bank as a director on the UK ultra high net worth team, reporting to David Poole, this publication has learned.
Sharma, in his Standard Chartered job, was a director of the UK non-resident Indian private banking team. Previously, he worked for ICICI Bank in the UK and prior to that Standard Chartered in India.
- July 4, 2010 - Former Global CEO Of The Standard Chartered Private Bank Leaves Group
Peter Flavel, who recently moved from the role of global head of The Standard Chartered Private Bank, has left the group, this publication has learned.
Flavel, who had been succeeded in that role by Shayne Nelson, had moved to take up the post of global head and CEO for personal banking at Standard Chartered.
However, he has now left the group and has “decided to pursue a career outside of the bank” a spokesperson for Standard Chartered said.
- July 2, 2010 - Executive Moves - June 2010
United Kingdom
UK-based Close Asset Management continued its expansionary moves with the appointment of a new business development manager for the northern region, who is to focus on Manchester, Leeds and Sheffield in particular. Edward Sale joins from IFA Network, Standard Financial.
Ariadne Capital, a London-based investment and advisory network, brought in six new investor members from some of the world’s most prominent businesses.
- July 2, 2010 - Former Global CEO Of The Standard Chartered Private Bank Leaves Group
Peter Flavel, who recently moved from the role of global head of The Standard Chartered Private Bank, has left the group, this publication has learned.
Flavel, who had been succeeded in that role by Shayne Nelson, had moved to take up the post of global head and CEO for personal banking at Standard Chartered.
However, he has now left the group and has “decided to pursue a career outside of the bank” a spokesperson for Standard Chartered said.
