Giles, a vice president at Marsh Private Client Services, a broker representing several high-end insurance carriers.
The company said it secured "notable increases" in turnover in its private client and corporate departments.
The Raab Collection handled the last, which sold months ago to a private client.
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Private Client Services net earnings declined 6%, while Corporate and Institutional Client Group plummeted 49%.
Oddly, for a private client business, the bank is setting up call centres in Maastricht and Edinburgh.
Morgan Stanley and JPMorgan are hiring brokers for their private client divisions, for example, notes CreditSights analyst David Hendler.
And Fidelity Investments is offering its Fidelity Private Client American Express Card through its advisers, though anyone can apply.
The deal allows Bank of America to focus on its private client brokerage business through Merrill, not to mention raise more capital.
The Association of Private Client Investment Managers and Stockbrokers (APCIMS) has since said it may now be time for legal action.
All 79 directly-employed Newton private client staff will transfer to Standard Life.
In 2000, Napoli says Merrill's Private Client Services brought in about 45% of the firm's revenue, but only 28% of its net income.
And we are committed to growing our private client business worldwide.
The institutions involved in the claim are understood to include 20 charities as well as churches, pension funds, hedge funds, fund managers and private client brokers.
As her obsession grew, Ms. Wong left her job as a general counsel of Merrill's international private client group and set up her own business consulting operation.
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Other banks have been similarly boosted by the surge in takeover activity on global stock markets and by the growth of private client banking for wealthy customers.
Newton's private client business has about 3, 000 UK and international high net worth and ultra high net worth clients and has strong distribution links with accountants and solicitors.
The merger combines one of the world's largest private banks with one of the top U.S. private client advisories, creating an institution with a deep reach into the world's deepest pockets.
Chan, Chase Private Client chief economist, was worried about the declining labor participation rate, which helped push down the unemployment rate, yet is an indication the economy still faces substantial obstacles.
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Lovegrove -- famous for his tactile and fluid sensual forms -- has teamed up with a private client who dreams of sleeping under the stars atop his private mountain in the Alps.
"You get a lower pretax margin, but you get as high, or probably over time, a higher return on equity because its less capital-intensive, " says Napoli, referring to the Private Client unit.
"It is market abuse which is wrong and this can occur when holding either long or short positions, " said David Bennett, CEO of Apcims, the Association of Private Client Investment Managers and Stockbrokers.
Unfortunately, it has been a long time since Apple resided on our recommended list, meaning that it likely is either not held in newer subscriber and private client accounts, or the position is relatively small for those who do own.
Darryl Lewis' options odyssey began in 1998, when, he says, he was approached by a Merrill (nyse: MER - news - people )broker, Jeanine Luteijn , who introduced herself as a member of Merrill's Private Client Group and dropped the name of a Microsoft colleague.
Merrill's individual investors business, the Private Client Services division, won't hold back its stock price when investment banking firms like Goldman Sachs (nyse: GS - news - people ) and other institutional broker-dealers snapback amid a pickup in capital markets and merger and acquisition activity.
The private-client and asset-management division as a whole will have to do more to pay its way.
El Hadj Omar Bongo, the president of oil-rich Gabon exposed in 1997 during France's notorious Elf Aquitaine bribery scandal, was a private banking client dating back to 1970.
Reputation, he said, is crucial to the private-client business.
In February last year, with the merger aborted, all change: the private-client and asset-management side had a glowing future, growing faster than the investment bank up to 2003, and with twice the rate of return.
The rest are to be bundled into the bank's private-client and asset-management division, which houses Deutsche Bank 24, the retail-banking arm (which already serves some small firms in any case), private banking (for richer customers) and Deutsche's online broker, called maxblue.
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