Julius Baer
PEOPLE MOVES: Brewin Dolphin, 1825, Julius Baer International
Brewin Dolphin has named its new chief operating officer, while Standard Life’s 1825 has poached a regional managing director from St James’s Place. Julius Baer International has appointed a head of compliance for the UK and Ireland.
PEOPLE MOVES: Canaccord, Cigna, NN IP
Canaccord Genuity Wealth Management turned its attention to south-east Asia with its latest appointment. Cigna Global Health Benefits Europe strengthened its senior management team, while NN Investment Partners added three to its new responsible investment team.
Former French budget minister jailed for tax evasion
Jerome Cahuzac, a cosmetic surgeon and former French budget minister tasked with cracking down on tax evasion, has been jailed for three years after he was found guilty of tax fraud and money laundering.
PEOPLE MOVES: Julius Baer, US SEC, JP Morgan
Swiss private bank Julius Baer is reportedly hoovering up bankers from the defunct Singapore branch of BSI Bank. The US Securities and Exchange Commission has announced two more resignations, while JP Morgan Asset Management has created a chief executive and country head role in Australia.
Ex-Julius Baer ‘whistleblower’ cleared of secrecy law breaches
A former Julius Baer banker accused of passing sensitive data to WikiLeaks has been given a 14-month suspended sentence after a Zurich court turned down prosecution demands that Rudolf Elmer be convicted of breaching Swiss bank secrecy laws despite being based in the Cayman Islands, according to media reports.