Liechtenstein Bank Names New CEO

A results-oriented leadership personality with years of experience in private banking and the business of servicing professional financial intermediaries were central criteria in the search for the new Chief Executive Officer of VP Bank Group.


Two Morgan Stanley Bankers Said to Leave

The bank is eliminating 1,700 jobs this month as Chief Executive Officer James Gorman pursues $1.6 billion of annual savings during the next two years.


Schroders interest rate head departs

Following his departure, his portfolio management responsibilities have been reassigned to other members of the group’s fixed income team.


Former US Deputy Attorney General joins HSBC board

HSBC has snapped up a former US Deputy Attorney General to strengthen its efforts to combat financial crime and bolster risk management after the group was rocked by a record fine related to money laundering for Mexican drug cartels last year.


Skandia appoints platform marketing manager

He has been with Skandia for around 16 years, most recently as proposition development manager and was responsible for developing the platform’s online tools.


Ex-Cofunds boss joins EIS platform

He was part of the Old Mutual team that acquired Skandia UK in 2006, an acquisition that led to his appointment as chief executive, while at Cofunds Williams grew assets under administration from £13bn (€15.2bn) to £27bn in 18 months.