November may not have been as dramatic as earlier in the autumn, when the leadership of UBS changed, but there have still been notable moves at that firm and others in what was an eventful month.

Europe

Rex Cowley, director of products and marketing at Close International
prior to its acquisition by Kleinwort Benson in June this year, left the
business. He had served the firm for more than nine years and was responsible
for Close International’s product and proposition development and marketing
across pensions, asset management, trusts, banking, custody and fund
administration.

Russia's Troika Dialog
appointed Alexander Krapivko as a director and asset allocation advisor of its
private clients department. Krapivko reports to Igor Sagiryan, managing
director and head of Troika Dialog’s private clients division.

Four executives who resigned from HSBC's Israeli desk in New York are set to move to similar positions at UBS' New
York-based Israel
team. The team that resigned collectively was headed by Issac Doueck, head of Israel at UBS.
The four will not be subordinate to Kobi Faigenbaum, chief executive of UBS
Wealth Management Israel. The Swiss bank recently expanded its operations in Israel.

Josef Ackermann, chairman of the management board and the group
executive committee of Deutsche Bank, Germany’s largest bank, will not be
a candidate for the supervisory board after he steps down from the management
board in 2012. Ackermann has been chairman of the management board since 2002.

Crédit Agricole promoted Olivier Toussaint to chief executive of Banque
de Gestion Privée Indosuez, a private banking subsidiary of the French bank.
Toussaint replaced Hervé Catala, who has held the position since 2007 and has
been made chairman of the management board of Crédit Agricole’s Swiss
operations.

VP Bank, the Liechtenstein-based private banking firm, reorganised its
management structure. “Banking Liechtenstein & Regional Market”, which
remains VP Bank’s most important market segment, is represented in the group
executive management team, led by Georg Wohlwend. Also, Rolf Jermann, the head
of commercial banking, becomes a member of executive management at the Vaduz head office from 1
January.

UK

Kames Capital, the UK-based asset management arm of AEGON,
bolstered its fixed income team with the addition of Greg Mackay to its
government bonds team. Mackay was latterly head of fixed income and derivatives
at Nationwide Building Society.

Vanguard, the US-based funds firm, made two appointments to
its London
office. Joy Yang was named as head of the equities team, having previously
worked at Scudder, BGI, AXA Rosenburg and Scottish Widows. Nick Pierce joined
as head of fixed income operations, having previously worked at BGI and
Gartmore.

UK-based Gemini Investment Management hired Liz Adnitt -
latterly of LV Asset Management - as a London-based investment sales director.
Adnitt has also worked in sales at Jupiter Asset Management.

FF&P Wealth Planning, part of UK-based multi-family
office FF&P, appointed Adrian Crowe as a financial planner, recruiting him
from SG Hambros Private Bank. While at SG Hambros Private Bank, Crowe had been
a senior financial planner and wealth structurer.

Jersey-based funds and fiduciary services provider Hawksford
Group appointed Colin Borman as director responsible for a portfolio of
existing clients and oversee the development of the firm’s funds business.
Borman was director at Sanne Real Estate for the past years.

Coutts appointed Jennifer Mathias as its new chief financial
officer, joining from UK
rival Lloyds Banking Group, where she held the post of finance director in the
corporate banking division. She also will be a member of Coutts' executive
committee.

Arjent, the UK-based investment manager, hired Simon
Whittley as a senior investment manager. Whittley has previously worked at
Credit Suisse, Close Brothers, Arbuthnot Latham Investment and J Rothschild.

Coutts, the UK-headquartered private bank, appointed Dmitri
Rozanov as the new head of its Russia/CIS desk in London. Rozanov previously led Brig Capital,
an independent principal investment and financial
advisory firm focused on Central and Eastern Europe and Russia. Before
founding Brig Capital, he was head of Central and Eastern European mergers and
acquisitions at Merrill Lynch in London.

Iveagh Private Investment House, the London-based Guinness
family office and asset manager, appointed Richard Ford as chief executive.
Ford replaced Paul Ross, who will assist his successor in the first few months
of his tenure, in addition to continuing to serve on Iveagh’s board as deputy
chairman.

Smith & Williamson Investment Management hired Julian
Polnik as head of the broker desk within its funds business. He joined after
spending the past two years in a similar role at UK-listed Close Brothers.

Duncan Lawrie, the UK-based private bank, named Kirk
McCarthy as head of international business development. McCarthy will be based
on the Isle of Man. Previously he worked at Barclays, heading its corporate
banking business development team.

RBC Wealth Management appointed three directors to its
advisory and portfolio strategy teams in an expansion of its British Isles
Investments platform. Guy Huntrods was appointed as director and advisory desk
head. Based in London,
Huntrods will lead both the onshore and offshore advisory businesses. Daniel
Vaysleyb was appointed as director and head of offshore advisory, based in Jersey and reporting to Huntrods. He from UBS in London,
where he was a portfolio specialist focusing on Eastern Europe, Israel, Greece
and South Asian markets. Frédérique Carrier joined as director and European
equities specialist within the portfolio strategy team. Carrier joined RBC
Wealth Management from Williams de Broe / Kaupthing Singer & Friedlander
Investment Management where she was an investment director.

UK-listed asset management group F&C Investments
appointed a product and performance manager to assist the team in creating new
business opportunities. Torquil Wheatley is responsible for internal and client
communication for the firm’s multi-alternative products.

Lombard Odier Darier Hentsch & Cie added senior private
banker John Bulbeck to its London
office, recruiting him from UBS Wealth Management.

Sesame Bankhall Group promoted its chief operating officer,
George Higginson, to chief executive. The firm did not have a CEO before the
promotion and it is not looking to hire a new COO as Higginson will keep his
current responsibilities in addition to his new role.

UK-based wrap platform Novia appointed Chris Blakeley from Australian-based
Macquarie Bank and Financial Services UK as its new head of risk and
compliance.

Ignis Asset Management reshuffled the management of its
retail multi-manager fund and the current head, Simon Mungall, is now in charge
of tactical asset allocation, while Michiel Timmerman, head of the Ignis
Advisors fund of funds business, will run the multi-manager funds from now on.

Rothschild Bank named Laurent Gagnebin as head of Rothschild
Wealth Management, Equitas, its Geneva-based subsidiary – an appointment the
bank said is intended to strengthen its ultra high net worth business. Gagnebin
joined from Investec Bank in Geneva,
where he was head of the branch and played a key role in the development of the
UHNW client business.

BlackRock bolstered its UK
real estate team with the hire of Paul Tebbit, who as director will help the
team finding new opportunities for the company’s UK property fund. He joined from
Telereal Trillium.

London-based Troy Asset Management appointed Gabrielle Boyle
as manager of its Trojan Capital Fund. Boyle was latterly lead manager on
NewSmith Capital Partners’ Global Alpha Fund.

Merrill Lynch Wealth Management appointed Paul O’Sullivan as
a financial advisor focusing on UK
and Irish high net worth clients. O’Sullivan joined from Credit Suisse, where
he was a senior private banker, focusing on UK and Irish ultra high net worth
individuals. Before this he worked for UBS as a financial advisor for UK entrepreneurs.

Jupiter Unit Trust Managers appointed a manager for its
Global Managed Fund. Simon Somerville took over from John Chatfeild-Roberts
from, after working as deputy manager for the fund for just over a year.

South African firm Momentum Global Investment Management
hired a business development executive for its UK retail distribution arm. Philip
Childs will be responsible for business development within the firm's
intermediary and wealth management business lines. Previously, he worked at Jersey-based
investment manager Ashburton in a similar role.

Threadneedle, the UK-based asset
manager, added fund manager Neil Robson to its global equities team, appointing
him as lead manager of the Luxembourg-domiciled Threadneedle Global Focus Fund.
Robson joined from Martin Currie Investment Management, where he had been
global portfolio manager.

Iveagh Private Investment House,
the Guinness family office, hired a new head of marketing. In the newly-created
role, Caren Oxford will be responsible for marketing and communications
strategy for the asset management business. Previously, Oxford worked at UK-based financial planner
Skandia Investment, a member of the Old Mutual Group.

Foresight Group, an alternative
asset manager, bolstered its fund management teams with the hire of a new director
and an investment manager and part of the environmental team. David Conlon –
latterly transaction director at Aleltho Energy, an investment management firm
– joined as director. Arnoud Klaren joined the team as investment manager from
US-based SolFocus, a solar technology provider.

Brooks Macdonald Asset Management appointed Toby Thompson as
investment management director in London.
Thompson, whose career has focused on the management of UK equity portfolios for
institutional pension funds and retail OEICs, was previously with New Star
Asset Management for eight years.

Nigel Legge, a co-founder and former chief executive of
UK-listed of Liontrust Asset Management, which he left last year, re-entered
the fray with Vinculum, a newly-minted fund management business. The firm was also
founded by Bjarne Jensen, current CEO of StockRate Asset Management; Niels
Jensen, managing partner of Absolute Return Partners and Douglas
Thursby-Pelham, a marketing and communications specialist.

KPMG, the UK
accountancy and consulting firm, named Chris Morgan as head of tax policy in
the UK, replacing Anneli
Collins, who is now global head of merger and acquisition tax in the UK. Morgan worked
for KPMG in the UK
for 17 years, and has been a partner for 13 years in international corporate
tax.

Gibson Tullberg, the wealth and asset management executive
search business, appointed Michele Turner to run its asset management practice
in London.
Turner joined from Hanson Green, where she spent 12 years as head of financial
services.

Invesco Perpetual named Simon Laing - latterly of Newton
Investment Management - as head of US equity fund management.   Laing took over management of the Invesco
Perpetual US Equity Fund, as well as playing a role in the company’s global
equity team.

Tenet said it will announce a new chief executive before the
end of the year. Interim chief executive Martin Greenwood did not apply for the
role; his predecessor Simon Hudson resigned in August and created Oakleaf
Financial, a new independent financial advisory firm.

Barclays Wealth added analyst Matthew Latham to its
Liverpool team, a hire which is part of a graduate scheme which has seen the
firm take on 40 trainees in the UK
this year. Latham supports a private banking team serving clients across
Merseyside and the northwest of England.

UK-based private bank Arbuthnot Latham saw the departure of
chief executive Dean Proctor. He leaves in the first quarter of 2012, taking up
the position of executive general manager at Commercialbank of Qatar.

The Financial Services Authority, the UK regulator, appointed
Sir Nicholas Montagu as chairman of the Financial Ombudsman Service. Sir
Nicholas is currently the chairman of the Aviva UK Life with-profits committee
and a director of the Pension Corporation.

Barclays Wealth added to its Oxford team with the appointment of private
banker Steven Walker. Walker joins from the Oxford office of Coutts, where he managed a portfolio of
private clients, trusts and charities across Oxfordshire, the Chilterns and Thames Valley.

Lloyds Banking Group suffered a fresh senior management blow:
Nathan Bostock, who had been due to join from Royal Bank of Scotland as head of wholesale
banking,  decided to stay put. Bostock,
head of restructuring and risk at Royal Bank of Scotland, did not take up the job
as had been announced on 19 July. As a result, Truett Tate continues as group
executive director, wholesale. Lloyds had already suffered a setback in early
November when it announced that its recently installed group chief executive, António
Horta-Osório, took a short leave of absence on medical grounds.

Wealth management executive search firm Culliford Edmunds
Associates appointed James Carmalt as a board director, effective from 1
December. Carmalt jointed the firm in April 2009.

The asset management arm of US-listed Legg Mason strengthened
its team in London
by hiring Dan Franklin as director of business development. Franklin, who
reports to Adam Gent, head of UK
sales, works with the UK
team servicing discretionary clients. Previously, Franklin
was senior investment sales manager at UK insurance and investment house
Legal and General.

UK
law firm Wedlake Bell launched a family team headed by Charmaine Hast, who has
joined the firm as a partner. Family lawyer Hast joined from TWM Solicitors, a
law firm where she established and headed a family department.

Katie Booth left Butterfield Bank to set up her own
eponymous firm where she advises business owners on how to set up family
offices, as well as giving succession planning and fiduciary asset structuring
advice. Besides her own wealth consultancy firm, Booth also joined new merchant
bank Templewood as a partner.

Mitchell Charlesworth, an accountancy and advisory firm
based in Widnes in the northwest of England, bolstered its wealth
management arm with two new hires. Neil Martin joins as head of financial
planning, while Sarah Godfree is the new office manager.

Mike Woodward, head of investment trusts at F&C Asset
Management since 2008, left as part of a cost-cutting drive by the UK-listed
firm.

Santander Private Banking appointed Gordon Dow as the new
managing director of its UK
arm, recruiting him from Royal Bank of Scotland, where he had been
director of private banking and advice.

Coutts appointed Ian Ewart as head of products, services and
marketing, adding to his existing marketing role at the blue-blooded firm.
Ewart replaced Byron Coombs, the previous head of products and services,
following his decision to retire from full-time management.

Kleinwort Benson appointed former Schroders Private Bank
head of business development, Stephen Rothwell, as head of wealth management.
Prior to joining Schroders, Rothwell was responsible for UK private client business
development at Merrill Lynch Investment Managers.

Switzerland

Private
client law firm Maitland added
a team of three lawyers to its newly-established Geneva office. Francis Rojas, Anna Steward
and Michael Wells-Greco all have a background at law firm Withers in
Geneva.

St Galler
Kantonalbank is
to propose that Franz Peter Oesch remains chairman of its board of directors
for another year at its annual general meeting on 25 April 2012. Vice-chairman
of the board Hans-Peter Härtsch will not stand for re-election, after eleven
years in the role, while Thomas Gutzwiller and Kurt Rüegg will stand for
re-election for a further term of three years at the 2012 AGM.

Charles de
Boissezon, the former chief executive at Banque Piguet, the Swiss
private bank, took up the post of CEO at Hinduja Bank (Suisse), part of
Hinduja, the giant India-based conglomerate with substantial banking and
finance interests. Boissezon was appointed CEO of Banque Piguet in 2004 and
retired from the firm in 2008.

UBS appointed Anthony Zammar as head
of one of its two desks covering Saudi Arabian clients. He joined from JP
Morgan, where he was a managing director and senior client advisor covering the
Middle East, having previously been head of
sales management for the region.

Middle East

ABN AMRO Private Banking bolstered
its Middle East business with the appointment
of two senior private bankers in the Dubai International Financial Centre.
Fares Bdeir and Husseyn Smili previously worked for Merrill Lynch Wealth
Management in Dubai
for five years, serving high net worth clients. The pair report to Yazeed Adas,
market manager for the Middle East team.

Coutts, the UK-headquartered private banking group, appointed Amir Sadr
as head of the United Arab Emirates
market and private office in the Middle East. Sadr develops
the bank’s ultra high net worth service in the Middle East
and reports to Alex Classen, chief executive of Coutts International and Duncan
MacIntyre, head of the bank’s private office. He is based in Dubai.

Morgan
Stanley named Kamal Jabre - a twenty-year veteran of the Wall Street
banking giant - as chairman and chief executive for the Middle East and North Africa region. Jabre is one of the bank’s most
senior M&A bankers and advised on various large transactions for its most
important clients across North America, Europe
and MENA.

Franklin
Templeton Investments appointed Jo-Anne Bailey as director for Africa, based in
Cape Town, South Africa. Bailey is responsible
for developing the firm's retail and institutional businesses across the
African continent. Bailey reports to Andrew Ashton, regional head for central
and Eastern Europe, Middle East and Africa, who is based in Dubai.

International

Kames Capital, the London-based investment
manager which rebranded from AEGON Asset Management, opened an office in Hong
Kong and appointed James Cooper as head of business development for Asia.  Cooper joined
from Liminal Image, which provides consulting services to the financial
services industry.

Yusuf
Alireza, who was promoted to co-president of Goldman Sachs’s operations in the
Asia-Pacific region outside Japan
in January, is leaving the US
firm after 19 years with the company. David Ryan remains as president of the
business.

Piyush Gupta, chief executive and
director of Singapore's DBS
Group Holdings and DBS Bank, was named a member of the board of directors of
the Institute of International Finance. The first time an
executive from a Singapore-headquartered bank has been appointed to the IIF
board, the Washington-based association of financial institutions
worldwide.

Wall
Street giant JP Morgan Chase & Co added James Bell to its board of
directors and audit committee. Bell
is chief financial officer and executive vice president of Chicago-based
aerospace firm The Boeing Company.

Citi
promoted its Asia-Pacific co-head Stephen Bird to the position of sole chief
executive of Asia, while his former co-head,
Shirish Apte, became chairman of the region. Since 2009 Bird and Apte shared
the role, with Bird focusing on China,
Hong Kong, Korea
and Taiwan, and Apte
concentrating on South and Southeast Asia.
Bird runs Asia, but also continues to spend time with key clients in North Asia.

Citi
Private Bank announced a number of changes to its team for Europe, the Middle
East and Africa. The moves will be completed
by the start of January next year. The changes are part of a change in the
structure of the teams covering EMEA and Central and Eastern
Europe.

Investment house Ocean Dial Group
appointed Gaurav Narain as the head of research at its Mumbai subsidiary, Ocean
Dial Advisers Private. He joined from New Horizon Investments. Prior to his
career at New Horizon Investments he managed a long-only fund for foreign
institutional investors in Indian equities, Narain was a fund manager with ING
Investment Management India.

Scipion
Capital, the African-focused investment firm, made two appointments for its London and Geneva
offices to support new investment and products it expects to launch in the next
six months. Jonathan Hargreaves joined as London
analyst, while Jean Cochard was
named office manager in Geneva.

Altamount
Capital Management, the India-based multi-family office, named Murlidhara
Kadaba as non-executive chairman. He was, until recently, senior managing
director guiding its strategy and business development. The MFO, meanwhile,
opened its third office in as many years of operation in Bengaluru, adding to
its presence in Mumbai and Delhi.

UK-based
Premier Cru Fine Wine Investments appointed Sir Eric Peacock as a non-executive
chairman - a move which the firm regarded as a "key milestone"
in its history.  

Sir
Eric works alongside company co-founders Paula Golding, managing director, and
Stacey-Lea Golding, investments director.

Offshore
law firm Conyers Dill & Pearman appointed a new head for its London office to develop new business lines as part
of its London
and European expansion.   Collis took over from Christopher
Johnson-Gilbert, who takes on the role of counsel. Lawyer Veronica Strande
is also a recent addition to the London
team.

Asia-Pacific

Aberdeen Asset Management hired Dr David Smith as a forensic
corporate governance expert to its Singapore-based Asian investment team as
head of corporate governance. He joins from Institutional Shareholder Services,
where he spent four years, most recently as head of Asia-ex Japan research.

Solution Providers, the Swiss management
consulting firm for financial institutions, hired Sarah Luheshi as principal
consultant in its Singapore office effective 28 November 2011. Before, Luheshi
established the Singapore presence of Owen James, the UK-headquartered wealth
management consulting and events firm.

Piyush Gupta, chief executive and director
of Singapore's DBS Group Holdings and DBS Bank, was named a member of the board
of directors of the Institute of International Finance. This is the first time
an executive from a Singapore-headquartered bank is appointed to the IIF board, the
Washington-based association of financial institutions worldwide, said the
firm.

Credit Suisse named Olivier Thiriet as chief executive for Japan
effective 1 January 2012. Thiriet is the head of cash equities for Asia-Pacific
and will assume the new responsibility as Japan chief in addition to this role.

Investment house Ocean Dial Group named Gaurav Narain as the
head of research at its Mumbai subsidiary, Ocean Dial Advisers Private. He
joined from New Horizon Investments.

Altamount Capital Management, the India-based
multi-family office, named Murlidhara Kadaba as non-executive chairman.
He was until recently senior managing director guiding its strategy and
business development.

Manulife Asset Management named Kisoo Park managing director and
portfolio manager for the global multi-sector fixed income team in Hong Kong. Park
has over 20 years of foreign exchange and global fixed income experience,
previously serving as founder and chief operating officer of an Asia-focused
event driven hedge fund.

Man Group, the London-listed investment manager, appointed a
country chair of China following its acquisition of rival GLG Partners year, as
part of an aggressive push into Mainland China. Yifei Li previously worked at
GLG which was acquired by Man in October 2010.

Noah Holdings, the wealth management firm that caters to high net worth
clients in China, appointed Shusong Ba and Ji Liu as independent directors to
its board. Shusong Ba is the deputy director of the Research Institute of
Finance under the Development Research Center of China's State Council.

Macquarie Private Wealth, the Australian
manager, announced the hiring of 19 advisers across six states including four
from Perth-based adviser Plan B. The wealth manager made the hires over the
last six months. These include Michael Harwood, Michael Moursellas, Ryan
Wareing and Andrew White in Perth. In Queensland, Scott MacKenzie, Emmet Ryan,
Matthew Cahill, Joshua Derrington, Ben Kirkegaard and Lawrence Williamson
joined the company in Brisbane. Macquarie also
hired five private client advisers in Canberra. Paschal Leahy and Luke
Furner specialize in defined-benefit superannuation, Bob Backer focuses on
advising clients in the defence and public sectors about retirement planning
and super, and Hena Power and Penny Ponder specialise in portfolio management
and SMSFs. In South Australia, Macquarie Private Wealth hired David Duncan to
provide advice for business owners and self-funded retirees, and risk
specialist James Inglis. On the direct equity side, it hired Paris Magdalinos
from Lonsec in Melbourne and Patrick Hunt from Lonsec in Sydney.

The Antipodean wealth manager also recruited Mark Chartres from
Intersuisse as senior investment advisor for its Melbourne wealth
management office. Also Emil Walter was recruited as a successor to Mark
Matthews for the role of Asia strategist. Walter was the head of
regional strategy for Asian equities at Royal Bank of Scotland. Matthews
left the company for Julius Baer early this year.

The chief executive of Australian
investment manager Challenger, Dominic Stevens, resigned after nine years at
the firm to take “a career sabbatical”. Stevens will be replaced by current
chief financial officer and group chief operating officer Brian Benari, who
will succeed Stevens in February next year.

ANZ Wealth appointed Neil Younger as head
of practice-based financial planning. Younger was previously the general
manager for Commonwealth Financial Planning, the graduate program under
Commonwealth Bank of Australia.

BT Financial Group, the wealth management
arm of Australia's The Westpac Group, launched a new business unit that
highlights the firm's Magnitude financial advisory business. The new divison is
led by Phil Butterworth, who is credited for establishing and leading the DKN
Financial Group, a wealth services provider that was recently taken over by
IOOF Holdings.

MLC, the wealth management affiliate of
National Australia Bank, appointed Megan Beer as general manager of group
insurance. Beer brings almost 20 years of financial services and over 12 years
of insurance experience to the role. She was previously the head of finance for
MLC Insurance, where she worked for the past two years.

State Street Corporation appointed two executives
to its Australian Global Markets team. Sinclair Scholfield will lead the firm's
securities finance business in Australia and New Zealand as managing director,
while Jonathan Gencher was named head of e-Exchange, the firm's electronic
foreign exchange trading service. 

Bank of Melbourne Private, the
newly-established Australian wealth manager, appointed Jonathan Ayres to head its
private division. Ayres joined from National Australia Bank where he spent more
than a decade in senior roles, including as head of financial planning for NAB
Private and as a regional executive. He most recently served as senior
investment specialist with NABInvest.

UK-based accountant Ernst & Young made a number of senior
appointments for its asset management arm in Asia-Pacific. Roy Stockell was
appointed head of asset management for Asia-Pacific, in addition to his
current role leading the asset management group for Europe, Middle East,
India and Africa. Ernst & Young also appointed Elliott Shadforth, George
Saffayeh, Teresa Tso and Christine Lin all in senior asset management
positions in Asia-Pacific.

Bravura Solutions, the wealth management software developer, named Jason Wilby as manager for
global strategy, risk and planning. Wilby was previously the head of change, global wealth
management at Bravura. He joined the firm in 2008 as head of human resources,
global wealth management.

Citi promoted its Asia-Pacific co-head Stephen Bird
to the position of sole chief executive of Asia, while his former co-head,
Shirish Apte, became chairman of the region. Since 2009 Bird and Apte shared
the role, with Bird focusing on China, Hong Kong, Korea and Taiwan, and Apte
concentrating on South and Southeast Asia. Both appointments are effective
from 1 January 2012.

Man Group, the London-listed investment manager, appointed a
country chair of China, Yifei Li. She previously
worked at GLG which was acquired by Man in October 2010, and is a well-respected Chinese business woman.

Banca della Svizzera Italiana appointed George Lam as a new
investment advisor on the China-Taiwan team of its Singapore wealth management
business. He joined the Lugano-headquartered bank from HSBC Private Bank
where he was a director in the investment group.

Goldman Sachs' former Asia co-president Yusuf Alireza, whose
departure was announced early November 2011, resurfaced at troubled commodities
trader Noble Group as chief executive. Alireza left Goldman after 19 years at
the firm and replaced Ricardo Leiman, who resigned. David Ryan remains as sole
president as Goldman Sachs in Asia Pacific ex-Japan. 

Credit Suisse hired David Murray, formerly chief executive of
the Commonwealth Bank of Australia, as senior advisor based in Australia.
Working from Sydney, Murray will work with private clients as well as the
corporate and institutional divisions of the bank in Australia and
Asia-Pacific.

Charles de Boissezon, the former chief executive at Banque
Piguet, the Swiss private bank, took the post of CEO at Hinduja Bank (Suisse),
part of Hinduja, the giant India-based conglomerate with substantial banking
and finance interests. Boissezon was appointed CEO of Banque Piguet in 2004 and
retired from the firm in 2008.

Australia and New Zealand Bank, the fourth largest bank in
Australia, appointed Nigel Williams as chief risk officer and member of the
management board. Williams served as the managing director, institutional
Australia since 2008 and previously worked as managing director, director for
institutional and corporate and commercial banking in New Zealand. He joined
the firm in 2004. His appointment takes effect 16 December 2011. 

MLC, the wealth unit of National Australia Bank, reshuffled its
advice and marketing senior management ranks with moves effective 1 February
2012. Greg Miller, previously the general manager of MLC Advice Solutions and
MLC Direct, will move to a full-time position as general manager of MLC Direct.
His old role will be assumed by Tom Reddacliff, who used to be the general
manager of Godfrey Pembroke. Reddacliff will in turn replaced by Peter Smith,
who used to serve as general manager for distribution for MLC's UK
operations. 

IOOF Holdings, the Australian investment management firm, made
several changes to its sales and distribution team. Leah Waldie, previously the
northern regional manager is now covering the newly-created role of national
key account manager. Concurrent with the appointment was the creation of state
manager roles in New South Wales, Queensland, Victoria and Western Australia,
to be managed by former business development managers Georgia Nides, Julie
Wise, Matt Kent and Nathan Morgan, respectively. 

Two former members of BNP Paribas's top Asia private banking
ranks were named in new roles at rival firms. Serge Janowski, the former chief
executive of wealth management of Hong Kong and North Asia at BNP Paribas, was
named CEO of the Hong Kong branch of Crédit Agricole Suisse. He started the
role 14 September. Meanwhile, Sharon Chou, who headed up credit and risk at the
BNP Paribas's private banking arm, left to join Pictet as head of wealth
management for North Asia. She succeeds Franco Cheng, who becomes senior
advisor to the board of directors and a non-executive board member of Pictet
(Asia).

Barclays Wealth said it will add over 20 senior private
bankers to its Greater China division within the next twelve months. The new recruits will join its existing ranks of 100
relationship managers in Asia-Pacific. Currently Greater China clients are
served mainly out of Hong Kong, but the bank plans to add a Singapore-based
Greater China desk too. 

The bank recruited Deepak Malhotra as managing director and wealth
advisor to focus on high net worth families from South Asia effective
January 2012. Malhotra is from Grant Thornton and at Barclays will be
working closely Jonathan Burth, head of key clients, and Andrew
Tailby-Faulkes, head of client advisory.

The UK wealth manager also bolstered its Greater China desk with the
hire of Januar Tjandra as head based in Hong Kong. Tjanda began on his
new role in 5 December. He was hired from Goldman Sachs, where he served
as relationship management executive for Taiwan. He also served as head
of the Hong Kong and Taiwan desks.

HSBC appointed Bernard Rennell, an 11-year HSBC veteran, as
chief executive officer for its private banking unit in North Asia. He has
served as global head of private wealth solutions for the bank since 2009.

Ibbotson Associates Australia, a subsidiary of US-based asset
management firm Morningstar, has named Matthew Esler head of advisor services.
Esler was previously an executive director for strategy and technical services
at Midwinter Financial Services. He reports directly to Chris Galloway, general
manager for investment services. 

Phil Kearns, the former captain of Australia's national rugby
union team, was been named chief executive officer of Centric Wealth. He will
take the reins at the Australian wealth advisor from 12 December.

Banque Degroof Luxembourg, the Belgian private bank, opened a
Hong Kong representative office and appointed Cecilia Chin as its chief
representative and general manager. Chin used to head sales and investor
relations at SAIL Advisors, a fund of hedge funds group. 

Julius Baer, the Swiss bank, named Frank Keller as chief
financial officer for Asia and Tobias Murer chief operating officer for North
Asia effective 1 January 2012. Keller joined the bank in November 2009 from
HSBC Private Bank, while Murer has been deputy COO of Julius Baer Hong Kong
since 2009. Both replace Ian Pollock, who has quit after two years running the
roles jointly.

The Royal Bank of Scotland announced that Brian Hartzer had left
to lead a newly-created wealth management unit at Westpac Private Bank. Hartzer
now leads Australian Financial Services, which covers Westpac's wealth
management unit BT Financial Group, Westpac retail and business banking, St
George Banking Group and banking products and risk management. Hartzer begins
on his new role next year. Also newly appointed is John Arthur to lead Group
Services, another division at Westpac, as group chief operating officer. Both
Hartzer and Arthur report to Gail Kelly, chief executive of Westpac.

US asset manager Titanium hired Paul Stanley as senior portfolio
manager for its Sydney office. Stanley will be responsible for the TAM ASX 200
All Weather Fund, working with Peter Rice, chief investment officer. He
previously worked for UBS Global Asset Management as portfolio manager.

MLC, the wealth management arm of National Australia Bank, named
Jeremy Duffield as non-executive director. Duffield is the chairman of the
Australian Centre for Financial Studies and before the appointment served as
director on the boards of Vanguard Investments Japan and Singapore.

Hunter Hall, the ethical investment manager, appointed James
McDonald as deputy chief investment officer to replace newly-departed officer
Jack Lowenstein. McDonald was previously a senior portfolio manager at the
company.

Kames Capital, the UK investment manager, opened an office in
Hong Kong and appointed James Cooper from Liminal Image as head of business
development. Cooper reports to Martin Harris, head of distribution.

North America

Signature
Bank hired a trio from Wells Fargo for its growing private client
banking team. Craig Anzalone, group director and senior vice president
leads the three-person team and was joined by Patricia Modena, associate
group director and vice president, and Karen Perry-Taylor, senior
client associate.

Merrill Lynch Wealth Management, Bank of America's brokerage
business, brought in two teams of financial advisors, hiring a team from
Credit Suisse’s US-based private banking unit and one from Wells Fargo
Advisors. Bruce Lee and Jim Hoesley joined Merrill’s Private Banking and
Investment Group in Chicago.

Savant Capital Management appointed Matt Armstrong as a financial
advisor and member of the advisory team of Savant Portfolios. Michelle
Angileri was named marketing coordinator, and Kathy Pirtle, was promoted
to HR manager.

Manulife Asset Management named Adam Neal as Canadian head of sales and relationship management.

WeiserMazars, an accounting and financial advisory firm, promoted a
trio of senior managers to partner status at its New York City and Lake
Success, NY offices. Roberto Viceconte, Seth Cohen and Guillaume Wadoux
were appointed partners, in the private client, tax, and procedure,
insurance and reinsurance practices respectively. The firm also made
three appointments to its management team, bringing in Elizabeth
Collins, Anthony Annino and Janet Seekell. Collins is now a trust
officer working with HNW clients, Annino was appointed as an investment
analyst, responsible for investment research and portfolio construction,
and Seekell is now a trust administator responsible for the
administration of the firm's client accounts and trust operations.

Sanctuary Wealth Services, which provides investment and consulting
services to independent advisors, appointed Michael Battey as special
advisor of investment strategy. Battey was previously a managing
director at Atlantic Trust Company, where he ran the firm's San
Francisco office.

Bank of America Merrill Lynch hired two senior executives for its US
Trust wealth management office at Menlo Park. Robert Kamme is now a
senior vice president while Jeffrey Quijano takes the role of senior
trust officer.

Cedar Brook Financial Partners, the Ohio-based wealth management
firm, appointed Shannon Barry as client manager of the retirement plans
division. Barry was previously a senior manager at Oswald Financial,
where she was responsible for researching, developing and conducting
educational programs for clients on retirement planning.

Marks Paneth & Shron, the accounting firm specializing in high
net worth individuals and non-profits, named Harry Moehringer as
co-managing partner at the firm. Moehringer served for some time on
MP&S's operating and executive committees, which are responsible for
overseeing management and developing strategy. In his new role, he will
lead alongside Mark Levenfus. Moehringer will not assume his post until
1 January 2012, when incumbent co-managing partner Arthur Cannata
vacates his position.

Bel Air Investment Advisors, the wealth management firm that
specializes in high net worth individuals and families, named Mark
Tunney as senior vice president. Tunney was previously the founder and
managing partner at Lionshead Capital Management, an investment firm
that makes direct structured equity and debt investments into
publicly-traded small- and mid-cap companies.

Citi promoted its Asia-Pacific co-head Stephen Bird to the position
of sole chief executive of Asia, while his former co-head, Shirish Apte,
will become chairman of the region. Since 2009 Bird and Apte have
shared the role, with Bird focusing on China, Hong Kong, Korea and
Taiwan, and Apte concentrating on South and Southeast Asia. Bird will
run Asia, but he will also continue to spend time with key clients in
North Asia.

UBS Wealth Management Americas nabbed an advisory team with $1.7
billion assets under management from Morgan Stanley’s Private Wealth
Management business in Chicago. Desai Group, which has twelve-month
revenue of $8.3 million, is led by Ajay Desai, who has been appointed as
a managing director and private wealth advisor. He is joined by senior
vice presidents John Staab and Frank Pellicori. The team works with
family offices and ultra high net worth families and individuals,
specializing in estate planning and concentration issues as they relate
to wealth transfer and liquidity for UHNW families.

JP Morgan Chase & Co added James Bell, chief financial officer
and executive vice president of the Chicago-based aerospace firm The
Boeing Company, to its board of directors and audit committee. Bell
oversees Boeing Capital Corporation, the company’s customer finance
subsidiary, and Boeing Shared Services, a division to provide internal
services across its global enterprise. He is also a member of the board
of directors of US-listed Dow Chemical Company, the Chicago Urban
League, World Business Chicago and the Chicago Economics Club.

The asset management giant PIMCO hired three new investment
professionals, expanding its portfolio management analytics team in New
York and London. Vasant Naik was appointed executive vice president and
global head of empirical research, based out of PIMCO’s London offices.
Stefano Risa was appointed executive vice president and head of mortgage
and asset-backed analytics, based in PIMCO’s New York offices. Lastly,
Riccardo Rebonato, who joined the firm on 1 December, was named
executive vice president and head of rates and FX analytics, based at
the firm’s London offices.

San Francisco-headquartered Bank of the West Wealth Management filled
28 of its new private client advisor positions across Western and
Midwestern states.

BNY Mellon Wealth Management appointed Ridgway Powell as the managing
director and team leader of its group of wealth advisors specializing
in the financial affairs of ultra high net worth families and family
offices. Powell worked for 25 years at BNY Mellon and most recently
served as director of investments for the family office services
division. He reports directly to Donald Heberle, head of the family
wealth and international businesses.

Brown Brothers Harriman, the US-based wealth manager and investment
bank, appointed Spence Fischer as a relationship manager at its wealth
office in Chicago. Fischer takes the role of vice president at BBH and
will be responsible for relationship management, investment execution
and business development for the Chicago office.

PricewaterhouseCoopers appointed Lisa Pavelka McAlister as managing
director of the US Capital Markets and Accounting Advisory Services
group. McAlister previously served as senior vice president, chief
operating officer and chief financial officer at Bank of America Merrill
Lynch.

JHS Capital Advisors, the Tampa-based asset manager, brought
in William Owen as a financial advisor with a focus on the South Florida
market. Owen most recently served as a financial advisor at Morgan
Stanley Smith Barney and currently manages $10 million in assets.

Valentine Capital Asset Management, a registered investment advisor
based in the San Francisco Bay Area, appointed Reynold Samoranos as
chief compliance officer. Samoranos joined Valentine from Hammerman
Capital Management, a hedge fund firm, where he served as both chief
financial officer and chief compliance officer.

Peapack-Gladstone Financial, the US bank holding firm, appointed
Stephen Kozuch as first vice president and co-director of wealth
management at PGB Trust & Investments, the wealth management unit of
Peapack-Gladstone Bank. In this new position he becomes part of the
team responsible for directing PGB Trust's wealth advisory offering. 

Bank of America appointed Brett Bernard as state president for
Michigan. Bernard worked for Merrill Lynch for more than 27 years,
initially as a financial advisor and then moving on to assume key
leadership roles. He currently serves as market executive for Merrill
Lynch Wealth Management in the Mideast, overseeing 2,300 staff. He
retains this position in addition to his new role.

BNY Mellon Wealth Management promoted Andrew Tepper to its wealth
advisory team, which works with ultra high net worth families and family
offices. Tepper has been with the firm since 2008, and before the
appointment was a senior portfolio manager in the Philadephia region,
responsible for overseeing around $600 million in discretionary and
trust assets.

Four executives who recently resigned from HSBC's Israeli desk in New
York are set to move to similar positions at UBS' New York-based Israel
team. The team that resigned collectively was headed by Issac Doueck,
head of Israel at UBS.

UBS, the Swiss banking giant, laid off some of its Canada-based staff
as it ends its in-house management of Canadian-equity portfolios. Eight
workers left, composed of analysts, traders and administrative support
staff. Pierre Ouimet and Ron Schwartz, both senior executives, will
reportedly stay temporarily while a unit of the Canadian Imperial Bank
of Commerce takes over management of the company's Canadian stock funds.

Peak Advisor Alliance, the Nebraska-based financial advisor coaching
firm, appointed Vickie Seitner and Scott Wood as executive business
coaches. Seitner has over 18 years of experience in management and
consulting. Prior to Peak she founded her own coaching company, and also
spent 10 years in human resources at Charles Schwab.

Alexandra & James, the New York wealth management and family
office firm, hired Tara Gauthier as a portfolio manager and relationship
manager. Gauthier has over 15 years of investment experience and
previously served as a portfolio manager at US Trust Company.

The chairman of the board of UBS, Kaspar Villiger, will step down
earlier than expected, to be succeeded by Axel Weber at the bank's
annual general meeting next year, hastening the change of the guard at
the bank in the wake of a $2.3 billion rogue trader loss. Renowned Swiss
businessman and politician Villiger opted to accelerate the leadership
change at UBS by not standing for re-election to the board of directors
at the AGM on 3 May 2012.

Jensen Investment Management, the Oregon-based asset manager,
appointed Monte Mitchell as director of sales. He will focus on service
to financial advisor clients in the western US, as well as on
relationships in the defined contribution channel across the country. 

UBS brought in three professionals to expand its wealth management
division in Mexico, in a move it says confirms its commitment to the
market there. The team includes Jaime Preciado Lopez Hidalgo, who will
lead the Guadalajara metropolitan region, Gabriel Gomez, who will lead
the Monterrey region, and Enrique Ignacio Morales Abiego as a managing
director in the Mexico City team.

Deutsche Insurance Asset Management, the insurance managed equities
unit of Deutsche Bank, expanded its New York operations with the hire of
Xiaoyu Liu as portfolio manager and director. Liu is from Columbia
Management Group, the asset management firm owned by Ameriprise
Financial, where she served as a portfolio manager specializing in
tax-efficient US and global equity strategies.

First Republic Bank hired Gene Martino, latterly of BNY Mellon, as a
portfolio manager and managing director in New York City. Martino is a
15-year veteran of BNY Mellon, where he joins from and worked most
recently as a managing director and senior portfolio manager.

RBC Wealth Management, the Canada-based wealth manager, hired John
Moran as director of its Midtown office complex in New York City. At RBC
he will oversee around 60 financial advisors and 46 additional
employees serving clients in four branches: Hampton Bays, Jericho,
Midtown and Southampton.

UBS Wealth Management Americas appointed two senior executives to its
Boulder and Newport Beach branches in California. Arthur Polner joined
as a senior vice president for investments and senior portfolio manager
for the Boulder office, reporting directly to Peter Ford, the branch
manager. Also newly hired is Jesse Rodriguez as SVP for the Newport
Beach branch, reporting to Ron Meraz, manager of the branch.

Northern Trust appointed Katherine Ellis Nixon as chief investment
officer for its personal financial services division. Nixon joined
Northern Trust in 2004 as a senior portfolio manager and went on to
become chief investment officer for the Northeast region in 2005.

North Carolina-headquartered Oakbrook Solutions, the wealth
management and retirement services technology firm, appointed Chris
Martinez as a managing consultant.

Lazard Wealth Management, a subsidiary of the financial advisory and
asset management firm, named James Le Rose as a senior relationship
manager based in New York. Le Rose was previously a senior client
account manager and New York team leader at Bessemer Trust Company.

Brown Brothers Harriman, the investment advisor to wealthy clients,
appointed Matthew Giorgetti as relationship manager for the Boston
wealth management office. Giorgetti joins as vice president and brings
seven years of industry experience to the firm.

RBC Wealth Management brought in two advisors from HSBC Bank USA
following a series of announcements that threaten the jobs of many of
the latter's workforce in the upstate New York area. Christine Cisco and
Patrick Signor, formerly vice presidents and financial advisors at
HSBC, are now part of RBC Wealth.

Bank of America increased the number of financial solutions advisors
under its Merrill Edge brand to more than 1,200, effectively hitting its
goal of doubling its FSA count by the end of 2011. The hires are part
of the bank's initiative meant to enhance product and service offerings
to preferred clients, or those with $50,000 to $250,000 in investible
assets.

Janney Montgomery Scott, the Philadelphia-based financial services
firm, made two appointments for its private client group leadership
team. Jim Dornan joined as senior vice president and regional manager of
the 30 offices within the firm's realigned western and southern
regional network, while Ray DiGaetano, a Janney veteran, was appointed
to the newly-created position of director of branch business
development. 

First Republic Bank appointed Brian McNamee as managing director. In
his new position he will provide individuals, families, businesses and
foundations with banking, investment management, trust, brokerage and
real estate lending services. 

Paresh Upadhyaya, head of Americas group of 10 currency strategy at
Bank of America, is leaving the firm to become director of foreign
exchange at Pioneer Investment Management. Upadhyaya will join Pioneer in Boston on December 27.

New York-headquartered private bank Brown Brothers Harriman hired
Daniel Greifenkamp as head of mutual fund business development for its
investment management business. Greifenkamp joins BBH as a senior vice
president with responsibility for the sales and distribution strategy of
BBH’s registered mutual funds in the US. He will report to Jeff
Schoenfeld, partner responsible for investment management business
development and relationship management, and will be based in BBH’s New
York office. 

Raymond James, the financial advisory and wealth management group,
made a number of appointments in both information technology and
operations. Vincent Campagnoli was named senior vice president,
head of Private Client Group technology strategy and development.
Sateesh Prabakaran was appointed chief architect, heading key areas
including architecture, enterprise data and database administration. Joe
Meyer also joined the advisor technology support team at Raymond James,
named to the new position of technology consultant.

John Hancock Financial, the financial services subsidiary of Manulife
Financial Corporation, appointed David Longfritz as its chief marketing
officer. Longfritz previously served as senior vice president and
general manager of the company's retirement income and rollover
solutions division, which developed lifetime retirement solutions
through John Hancock's wealth management businesses.

San Francisco-headquartered First Republic Bank hired Lance Mackey as
a managing director for its Boston office. Mackey joins from Citizens
Bank, and has also worked at firms including Bank of America, JP Morgan
Chase, and The Boston Company before this appointment.

Boston-based Silver Bridge Advisors hired Julie Hammerman as a client
advisor to its San Francisco office, as part of the company’s ongoing
expansion in the West Coast. Hammerman previously served as assistant VP
in the Private Wealth Management Group at Merrill Lynch and as an
associate in JP Morgan’s Private Client Group.

BNY Mellon Wealth Management hired Susan Traver as the first
president of its Washington DC office, which it opened just this month.
Traver joins from Wells Fargo Private Bank, where she served as regional
managing director in Washington DC. She will report to David Kutch,
regional president for the Mid-Atlantic region.

BNY Mellon Wealth Management appointed Penny Weeks as regional
director for private banking in New England. Weeks has more than 25
years of private banking experience serving high net worth clients and
their families. In her new role, she will be based in Boston and report
directly to Erin Gorman, managing director of the national mortgage
business. 

Raymond James Financial appointed Dennis Zank, currently president of
Raymond James & Associates, as chief operating officer of the
parent firm, amid a round of executive changes at its wealth management
and investment banking units. Zank served as Raymond James &
Associates’ president of the private client unit for the past nine
years. He joined the group’s accounting department in 1978 and became
controller in 1982.

ForwardThink Group, the IT and management consultancy firm, hired
Alan Morley to head up its team that deals with issues created by new
and upcoming financial services regulation in New York City.

Citi Private Bank appointed Claire Rosati as a director and wealth
planner for the Chicago branch. Rosati joined from Barclays Wealth
Trustees, where she was president and a member of the board of
directors. At Barclays she led the strategic development and execution
of a new national trust business.