The Zurich rivals tend to enjoy contrasting fortunes. For much of the last decade, UBS was a model of relative stability, while Credit Suisse grappled with scandals and the fallout from ill-judged acquisitions.
Rimmer, most recently chief executive officer of adviser group Financial Services Partners, will take responsibility for the strategy and business development of EQT's new division.
Despite continued setbacks in the global wealth market, affluent individuals will rise by 20 million per year, and India will continue to climb within the top 10 wealth markets list, research by Datamonitor has suggested.
Charles Stanley, the stockbroking and investment management group, reported pre-tax profits fell 37% to £8.5m for the year ended 31 March 2012.
Only 19% of treasure assets - which include items such as precious jewellery, fine art, antique furniture, classic automobiles and precious metals - are held for financial motivations , according to the latest report in the Wealth Insights series from Bar
The business, located in Europe, the Middle East, Latin America and Asia, is expected to cost $1.5-$2 billon.
The awards, some of the most coveted prizes in the UK financial industry and presented in London's opulent Guildhall, are voted for by more than 14,000 individuals across the market.
The Wealth Management Forum is hosted by Hubbis, an independent provider of editorial content and training for the wealth management industry in Asia. The forum is the leading event of its kind in Malaysia, and dedicated to the wealth management and priva
Having been in the financial services industry for over 7 years and previously in charge of Geneva for Guardian Wealth Management, Aaron Pacitti is well placed to take on the role of Senior Vice President at Globaleye SARL.