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UBS's London wealth management division is experiencing significant staff turnover, with notable departures including Mark Goddard and James WhyBrow. Insiders express concerns over high churn rates and pay disparities, as new hires reportedly receive higher compensation than existing employees, despite a reported 27% increase in senior banker bonuses. Chris Oliver, who took over the UK high net worth business, is expected to address these issues.
Lombard Odier is expanding its presence in the UK, having doubled its business since 2018 and recently appointing Chris Bonello as Head of the UK and Northern Europe Desk and Mark Goddard as CEO in London. Despite challenges post-Brexit, the bank is optimistic about growth, supported by a financial services agreement between the UK and Switzerland. With a team of 75, Lombard Odier emphasizes tailored solutions for high-net-worth clients and is set to move into new offices in the City of London by the end of December.
Lombard Odier has appointed Mark Goddard as the new CEO of its UK wealth management division, effective 26 November, pending regulatory approval. Goddard, who has over 19 years of experience at UBS, will lead the private client division in London and report to Duncan MacIntyre and Stephane Herrmann.
Lombard Odier has appointed Mark Goddard, a 20-year veteran of UBS, as its new UK CEO, succeeding Duncan MacIntyre, who has led the business for eight years. MacIntyre will continue with the firm as a limited partner and UK region head at Lombard Odier Private Bank. Goddard will report to both MacIntyre and Stephane Herrmann, CEO of the Lombard Odier group.
Lombard Odier has appointed Mark Goddard as its UK CEO, following nearly 20 years at UBS, where he was the head of UK high net-worth wealth. Goddard will lead the London office for the private client division, reporting to Duncan MacIntyre and Stephane Herrmann. His experience in serving entrepreneurs is expected to be crucial as the firm aims to expand its presence in this key client segment.
Lombard Odier has appointed Mark Goddard as the new CEO of its UK operations, effective November 26. Based in London, he will oversee the private client division and report to Duncan MacIntyre and Stephane Herrmann. Goddard, who previously led UBS's UK High Net Worth division, brings extensive experience in banking and client management.
Lombard Odier has appointed Mark Goddard as the new CEO of its UK business, effective November 26. Based in London, he will lead the private client division and report to Duncan MacIntyre and Stephane Herrmann. Goddard brings extensive experience from UBS, where he was Head of UK HNW.
Lombard Odier has appointed Mark Goddard as the new CEO of its UK operations, effective November 26. Based in London, he will oversee the private client division and report to Duncan MacIntyre and Stephane Herrmann. Goddard, who previously led UBS's UK High Net Worth division, brings extensive experience in banking and client management.
Mark Goddard
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