Daily Archives: 13 January 2016

New global head of private banking

HONG KONG • Standard Chartered has named former Barclays banker Didier von Daeniken as its global head of private banking and wealth management, in the latest streamlining of management at the embattled London- based lender. Mr von Daeniken takes on a new role leading the private banking and wealth management divisions which had previously been…

HSBC appoints Rothschild for restructuring of private banking arm

HSBC has appointed advisers to spur the final phase of its private banking restructuring, after its Swiss unit came under heavy fire earlier this year for helping rich customers dodge taxes. Europe’s biggest bank has appointed Rothschild to help manage the restructure, which involves selling portfolios of riskier clients and shrinking its global footprint, said…