In October, Credit Suisse announced it would close its domestic US private bank as part of wider plans to slim down the business and increase their presence in markets like Latin America and Asia. The Latin American unit will be led by Ignacio Martos.
AXA to build out a dedicated client-service structure in Mexico
Aymerich's new role will involve managing client on-boarding and reporting, implementing key regulatory policies and procedures, and building out a dedicated client-service structure in Mexico.
BTG Pactual’s top two cross-border-fund distributors quit; rumored to set up own firm
The abrupt departures could impact the distribution of brands such as Aberdeen, Aviva, Credit Suisse, Henderson, State Street and Columbia Threadneedle.
AXA beefs up staffing for Americas offshore business
The firm hired Rafael Tovar (photo) as director of US offshore distribution and transferred from Spain Leticia Aymerich, naming her head of customer service for the Americas region. Both are based in Greenwich, Connecticut.
JP Morgan names Thomson to new post overseeing global institutional business
Patrick Thomson retains his existing role as global head of sovereign clients, and now leads the firm’s institutional sales efforts for international clients, including Latin American pension funds and insurance companies.
Morgan Stanley hires ex-RBC director to run its Coral Gables office
Seigal was hired to help grow the group's offshore platform and is taking over from José Salazar. He will work alongside Kevin McCarty, Morgan Stanley's Miami complex manager.
Henderson appoints new US offshore sales manager for Miami
Maria Eugenia Córdova joins Henderson after spending roughly two years each in sales posts at Aberdeen Asset Management and Franklin Templeton in South Florida.
MetLife and Arturo Hanono, veteran CIO, part ways
The longtime CIO of Afore Invercap, Hanono had jumped to MetLife in May 2014, where he was responsible for the group's investment and strategy units.
Ileana Salas to head global institutional sales at Santander AM
Salas will help build relationships with sovereign wealth funds, pension plans, investment consultants, corporates, insurers, wholesale clients and family offices.
Mark Mobius to step aside as lead manager of Templeton Emerging Markets trust
His replacement, Carlos Hardenberg, who has been part of Templeton's emerging markets team for 13 years, will relocate to London as part of the reorganization, effective October 1.