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HSBC top staff to hot desk at London HQ as bank scraps executive floor
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It Really Is Back to the Office This Time
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People lucky enough to have the option are looking forward to working from home more after the pandemic, polls suggest provided they’re not schooling from home at the same time. And polls also suggest employers are looking forward to offering that flexibility. Momentum is building for a “hybrid” workplace, according to experts, which would most likely allow for two to three days per week at home.
Still, as vaccine rollouts gather pace and economies reopen, there doesn’t seem to be much daylight between the concept of “office-first hybrid” and simply getting staff back to their desks.
Google parent Alphabet Inc. last week told staff to prepare a return to their desks by Sept. 1 and that anyone wanting to work remotely would have to get prior approval. Amazon.com Inc. also called for an “office-centric” return to work. Meanwhile, Goldman Sachs Group Inc. bankers are dutifully trooping back to headquarters after scathing comments from Chief Executive Officer David So
Goldman Hires Ex-UBS Banker to Double Wealth Business in Mideast
This content was published on April 8, 2021 - 04:00
April 8, 2021 - 04:00
(Bloomberg)
Goldman Sachs Group Inc. hired a UBS Group AG banker to run its private wealth management unit for the Middle East and North Africa, as part of a strategy to expand its business catering to rich clients.
Gabriel Aractingi joined the U.S. bank earlier this month as head of private wealth management for the region and will be based in Geneva. He was previously UBS’s head of global family office for MENA since 2018.
“We’re aiming to double the size of the wealth management business in the Middle East, and that’s across headcount and client money we manage,” Stefan Bollinger, co-head of private wealth management for Europe, the Middle East and Africa, said in an interview.
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