He said that education of Islamic banking and finance is immediately needed internationally. At this time, 38 universities in the world are producing approximately 5000 graduates of Islamic banking and finance per annum, whereas relatively its demand is 1
Advisers Robert Powell, Walter Urban and Tyler Mercer moved to Raymond James in Mt. Laurel, New Jersey, from Morgan Stanley Smith Barney, where they managed $187 million in client assets and generated $1.45 million in annual revenue production last year.
Steven Vames, a Credit Suisse spokesman, declined to comment. Bellis, who is based in London, didn’t return an e-mail and two telephone calls seeking comment.
He worked at Citigroup for the past 15 years including nine years as head of corporate broking and as joint head of the firm’s U.K. banking and broking business. His most recent role was vice chairman of Europe, Middle East and Africa banking sin
During this period, he also held several concurrent roles, which involved overseeing Fidelity’s businesses in Spain, the Nordic Region, the Middle East and Africa, and India. He also spent seven years of his career at Fidelity based in Hong Kong.
In his new position Mr. Davis will manage the investment portfolios of a select group of private clients, leveraging both the wealth management expertise of the firm and his significant experience managing assets.
Mark Pomo, who had been with Morgan Stanley Smith Barney for more than two decades, moved to UBS in late May. He managed $230 million in client assets and generated more than $600,000 in annual revenue production last year.