All articles by BBR Staff
BBR Staff
BNY Mellon Appoints New CEO For Wealth Management Unit
BNY Mellon has appointed Lawrence Hughes as new CEO of BNY Mellon Wealth Management. He will report to Robert Kelly, chairman and CEO of BNY Mellon.
Bank Sarasin To Shut Spanish Subsidiary
Bank Sarasin, a Switzerland-based private bank, is set to close down its Spanish subsidiary Sarasin Alen Agencia de Valores, a joint venture with Alen Gestion Patrimonial, two years after the launch.
SBI, Societe Generale To Forge Private Banking Partnership In India
State Bank of India (SBI) is reportedly planning to foray into private banking business in partnership with France-based bank Societe Generale.
UBS Swings To Profit In Q1
UBS has posted a net profit attributable to shareholders of CHF2.2bn, or CHF0.58 per share, for the first quarter ended March 31, 2010, compared to net loss attributable to shareholders of CHF1.97bn, or CHF0.57, for the first quarter of 2009.
Morgan Stanley Smith Barney Hires New Head For International Products, Services
Morgan Stanley Smith Barney has appointed Chris Van Aeken as head of international wealth management products and services. In this role, he will be responsible for defining and executing the wealth management products and services strategy in markets outside the US including private banking, capital markets, managed investments and wealth planning.
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RBC Launches Advisory, Securities Brokerage Office In Barbados
Royal Bank of Canada (RBC) has launched international investment advisory and full-service securities brokerage office in Barbados, as part of its move to offer full suite of wealth management solutions to its clients and expand investment platform across the nation and in the Caribbean.
Credit Suisse Opens New Office In Bahrain
Credit Suisse has opened a new Bahrain branch, located at the World Trade Centre in Manama and appointed Khaled Salah as head of Credit Suisse Bahrain.
ING Bank Switzerland Merges Into Bank Julius Baer
ING Bank (Switzerland) has merged into Bank Julius Baer following the closure of acquisition on 14 January 2010.
Barclays Wealth Hires New Head Of London For International Private Bank
Barclays Wealth has appointed Henry Fischel-Bock as head of London, International Private Bank EMEA.
Credit Suisse Appoints New Head Of UHNWI Segment For Middle East, Indian Subcontinent
Credit Suisse has appointed Edmond Carton as head of ultra high net worth individuals (UHNWI) segment for the Middle East and Indian Subcontinent, effective immediately.