People Moves

SANTA MONICA, Calif.–(BUSINESS WIRE)–Angeles Wealth Management, LLC, (“Angeles Wealth”), a national wealth management firm serving generationally wealthy families, today announced the hiring of Rick Nott, CFA, CFP®,...

Kuwait-based Burgan Bank has named Meshari Abduljalil Shehab as its new general manager of private banking and wealth management, after receiving all the required approvals...

(Bloomberg) — Mike Wilson, Morgan Stanley’s top US equity strategist, is stepping down from his role as chair of the firm’s Global Investment Committee, according...

ZURICH, Jan 31 (Reuters) – Julius Baer (BAER.S), CEO Philipp Rickenbacher is set to leave, a source with knowledge of the matter said, as the Swiss bank...

HONG KONG: Former asset management head of Credit Suisse in Asia Pacific, Min Huang, is leaving UBS as the bank embarks on reviewing its China...

ZURICH, Jan 24 (Reuters) – UBS (UBSG.S), has appointed insider Aleksandar Ivanovic as the new head of its $1.6 trillion asset management business as the Swiss...

LONDON, Jan 23 (Reuters) – British fund manager abrdn (ABDN.L) is poised to cut about 10% of its workforce, a source close to the matter told Reuters,...

FAIRFAX, Va., Jan. 18, 2024 /PRNewswire/ — The Freedom Bank of Virginia (“Freedom Bank”) announced today that it has hired David Sanders as Chief Accounting Officer. In his role as Chief...

HONG KONG, Jan 12 (Reuters) – The world’s largest asset manager BlackRock (BLK.N) on Friday promoted Susan Chan, its deputy head for Asia Pacific to lead the...

NEW YORK–(BUSINESS WIRE)–Evercore Wealth Management today announced the appointment of Sean Brady to Managing Director, Wealth and Fiduciary Advisor. Mr. Brady is based in New...

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      The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

      COVID-19
      Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

      Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

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