"It's a great hire. He is a relationship man, not a manager and (UBS's chief executive Sergio) Ermotti knows him well", said a top UBS banker in London.
Jain earned 9.77 million euros in 2011, when the lender missed its ambitious full-year profit targets, compared with 11.9 million a year earlier, Germany's flagship bank said in its annual report on Tuesday.
The Wealth Management (UK&I) Advisory Committee, chaired by Sir Nigel Rudd, is comprised of experienced leaders
Deutsche Bank handed its out-going chief executive Josef Ackermann a total pay package of €9.36m for his last full year in charge of the German bank, a period in which a contraction in investment banking banking meant his successor Anshu Jain took a
The report, entitled ‘Governance in Family Business’ identifies key challenges faced by family businesses, and suggests guiding principals that can help them improve the odds of longevity.
In London, centre of the global bullion market, vault space is running low and numerous companies are attempting to break into the market.
AES International operates in several jurisdictions around the world, providing financial planning, wealth management and private banking services to expatriates living and working in Europe, the Middle East and other international markets.