Staffing in Wealth Management, Q4 2007

Bank of America Corporation Barclays PLC BNP Paribas Group Deutsche Bank AG Fortis Merrill Lynch & Co., Inc. Miller Group Limited, The Morgan Stanley Northern Trust Corporation Premier Foods plc UBS AG

Publication Date	February 2008
Publisher	Datamonitor
Product Type	Brief
Pages	13
ISBN Number	not applicable
Product Code	DAT10730

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Summary

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.

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.

Content

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
Socit Gnrale
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
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