Monday, March 12, 2007
BARCLAYS RECRUITS NEW ASIA PACIFIC EXPERTISE
By Sundeep Tucker and Florian Gimbel in Hong Kong
Tuesday, March 13, 2007
Barclays is today expected to announce it has hired a new head for its Asia Pacific private banking division as part of its push to become one of the leading operators in the fast-growing sector.
Barclays Wealth, the private wealth arm of the UK-based bank, has recruited Didier von Daeniken, Credit Suisse's former co-head of Asia Pacific private banking who resigned this month.
He will be based in Singapore and start work on June 1, after a period of “gardening leave”.
Recruiting Mr von Daeniken will be seen as a coup for Barclays, which ranks far behind market leaders such as UBS, Citigroup, HSBC and Credit Suisse in Asia Pacific private banking. ¶ 4:41 PM
Tuesday, March 13, 2007
Barclays is today expected to announce it has hired a new head for its Asia Pacific private banking division as part of its push to become one of the leading operators in the fast-growing sector.
Barclays Wealth, the private wealth arm of the UK-based bank, has recruited Didier von Daeniken, Credit Suisse's former co-head of Asia Pacific private banking who resigned this month.
He will be based in Singapore and start work on June 1, after a period of “gardening leave”.
Recruiting Mr von Daeniken will be seen as a coup for Barclays, which ranks far behind market leaders such as UBS, Citigroup, HSBC and Credit Suisse in Asia Pacific private banking. ¶ 4:41 PM
