François Pauly named CEO of Rothschild private bank
Pauly also is the chairman of media company Saint-Paul Luxembourg
Executive Moves
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Credit Suisse Bankers Exit as Post-Archegos Defections Mount
Credit Suisse was the biggest loser when the world’s top investment banks raced to exit trading positions as Archegos collapsed, pushing it into a 900 million-franc ($997 million) pretax loss for the first quarter and prompting a management shakeup.
BNY Mellon Wealth Management Named Top Senior Client Strategist in Boston
Chad joins BNY Mellon Wealth Management from Northern Trust where he was a Wealth Strategist in San Francisco
Brooks Macdonald appoints new CEO
Andrew will begin a process of handover from the incumbent, Caroline Connellan, with immediate effect.
Goldman Sachs Kicks Off Mass Recruitment in China
The recruitment targets are part of a five-year plan to double Goldman’s workforce in China to 600 and expand across advisory, securities and wealth management.
Citi appoints current chairman, Lee Lung Nien, to head its South Asia private banking business
Lung will report to Steven Lo, the Asia Pacific Regional Head of Citi Private Bank
Dogecoin Millionaire: Goldman Sachs Exec Quits After Making a Fortune From DOGE
The price of DOGE surged partly thanks to the attention it received from various celebrities including Tesla CEO Elon Musk, Kiss singer Gene Simmons, and billionaire Mark Cuban.
KB Financial announces new Managing Directors
Prior to joining KB Financial, Julie managed the outsourced family office needs of Goldman Sachs ultra-high net worth clients.
Citi managing director and head of resources is on the move.
It is understood part of the reason for his departure is due to a change in strategic direction at Citi.
Jupiter refreshes Merlin team structure with internal promotions
Broadening out leadership at the top of the strategy, David Lewis is promoted to co-Head of Strategy, Independent Funds, working closely alongside long-standing team head John Chatfeild-Roberts.
UBS WM hires co-head of alternative investment solutions
Roth, who is based in Zurich, is developing alternative investments alongside Jerry Pascucci, who is based in New York.
Bill Vasilieff to step down as Novia Financial chief executive
As AnaCap completes acquisition and announces management changes