People Moves
Sal Oppenheim Asset Management Head Joins Rival Private Bank

Bernd Borgmeier, formerly head of asset management at German private bank, Sal Oppenheim, is to leave to join rival MM Warburg. Mr Borgme...
Bernd Borgmeier, formerly head of asset management at German private bank, Sal Oppenheim, is to leave to join rival MM Warburg. Mr Borgmeier, who is also chief investment officer at Oppenheim KAG, will leave the bank on 31 October. He will take up his new position of managing partner in charge of asset management and private banking at MM Warburg on 1 January 2007. Thomas Ebertz, director of asset management at Oppenheim KAG is also set to leave at the end of this year, though it is not known where he is heading to next.