Sector: Private Banking / Wealth Management

Monday’s Headlines: Finance jobs down 19% in London, BofA goes after Mass Affluent

In London, financial services jobs are down 19 percent, but fewer people are looking for work as the number of job vacancies at London’s financial services companies fell…

If You’re Looking for a Job in Financial Services You May Want to Start Thinking Retail

Employers announced plans to shed 115,730 workers from their payrolls in September, making it the worst month for job cuts in over two years, with finance largely to…

Wealth Management And Private Banking Remain Hot-But Have Their Challenges, Too

Are the wealth management and private banking sectors “the” places to be right now? In some ways, yes, but don’t expect a complete bed of roses, says one…

Thursday’s Headlines: UBS top bankers resign in wake of scandal

The two co-heads who ran the UBS unit in which a rogue trader caused $2.3 billion of losses have resigned, the Financial Times reports. The co-heads of global…

Wednesday’s Headlines: Morgan Stanley fights European exposure rumors

Morgan Stanley is struggling to reassure investors after rumors about its supposed exposure to faltering European banks sent its shares crashing, DealBook reports. To fight the rumors, top…

The Hunt is On For Associate Planners and Wealth Management “Tuck-Ins”

At the annual meeting of the Financial Planning Association in San Diego recently, recruiter Caleb Brown made a presentation on how to hire new planners and integrate them…

Wednesday’s Headlines: Citi investors to see more dividends, buybacks soon

Citigroup investors will receive more capital from their investments, as the bank’s growth will allow it to pay more dividends and buy back shares in coming years, Citigroup…

People News: Moves at Barclays, RBS, Merrill, Nomura

Barclays’ head of UK, European retail and business Deanna Oppenheimer resigns, to be succeeded by Ashok Vaswani, Anthony Jenkins. [Dow Jones] Barclays names Trevor Kelham as director of…

Do You Have the Right Personality for Wealth Management?

More and more, financial advisors seeking greener pastures in private banking and wealth management are having to contend with a variety of evaluation tools beyond the traditional interview…

Battle of the private banks: international versus regional players

Even in the relatively buoyant wealth management sector, international banks have taken their foot off the gas when it comes to expansion. Now, however, they’re facing some tough…

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