Abstract
Overview
Introduction
This tracker looks at the strategies being employed by the wealth managers to attract and keep their relationship managers, with a particular focus on poaching and initiatives to train/grow their own wealth managers.
Scope
- Follows the staffing-related activities of 50 leading international wealth managers;
- Covers wealth managers with operations worldwide, with home markets in Europe, USA and the Asia-Pacific region.
Report Highlights
During this quarter, appointments in private banking and wealth management were concentrated in the US market, with limited activity noted in European and emerging markets.
Bank of America and Northern Trust dominated staffing activity in the US. The former focused on establishing the management framework for the newly created US Trust, Bank of America Private Wealth Management operation.
Reasons to Purchase
- Keep up to date with the latest developments in staffing in the wealth management industry around the world;
- Keep abreast of the key trends and issues surrounding the area of staff recruitment on a quarterly basis.
Table of Contents
- The Roundup
- Staffing
- The Developments
- ANZ
- New Financial Planning General Manager appointed at ANZ - Dec 07
- Bank of America
- Amanda Wallis appointed Market Executive at Bank of America - Dec 07
- Bank of America announces new appointments in Michigan - Dec 07
- Bank of America appoints new President for Orlando and Central Florida - Nov 2007
- Bank of America announced new market executive for Virginia - Nov 07
- Bank of America appoints market executive for Illinois and Michigan - Oct 07
- Barclays
- Barclays Wealth appoints Stephen Grady as Head of Global Dealing - Dec 07
- Barclays Wealth recruiting back-office staff - Nov 2007
- New Head of Investment Structuring for Barclays Wealth - Oct 2007
- Barclays Wealth appoints Senior Wealth advisor - Nov 07
- Bessemer Trust
- Bessemer Trust announces new Senior Resident Officer and MD for Boston - Oct 2007
- BNP Paribas
- BNP Paribas Private Banking appoints new head of Wealth Management
- Citigroup
- Citi names new CEO - Dec 07
- Credit Suisse
- Credit Suisse names co-heads of Private Banking USA - Dec 07
- Credit Suisse appoints Vice-Chairman, Greater China - December 07
- Credit Suisse reveals private banking appointments in the US - Oct/Nov 07
- Deutsche Bank
- Deutsche Bank names regional executive for Southern region - Nov 07
- Deutsche Bank appoints US Regional executive - Nov 07
- Morgan Stanley
- President and Chief Operating Officer of Morgan Stanley named - Dec 07
- Northern Trust
- Northern Trust appoints new private banker - Oct 07
- Northern Trust strengthens sales team in Naples - Oct 07
- Northern Trust adds private banker to lending team - Nov 07
- Northern Trust builds private client team - Nov 07
- Northern Trust expands private banking team - Nov 07
- SEB
- New Country Manager and Head of SEB in Estonia - Oct 07
- Mizanur Khan appointed Chief Representative for SEB in New Delhi, India - Nov 07
- Juergen Baudisch new Country Manager at SEB in Poland - Dec 07
- Générale
- Oliver Aubenas joins SG Private Banking (Suisse) as CIO - Oct 07
- SG Private Banking appoints a new General Manager in Greece - Oct 07
- UBS
- UBS broadens its management structure within its international wealth management business - Nov 07
- ANZ
- Appendix
- Further reading
- Ask the analyst
- Datamonitor consulting
