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ZURICH (Reuters) – Britain’s Barclays (BARC.L) expects to have grown its Swiss private banking business by more than 10 percent this year and is looking to expand further in Switzerland in 2019 tateossian cufflinks uk online. Barclays embarked on an international hiring spree across its wealth management division last year, targeting more business from a growing pool of millionaires and billionaires. And the bank is now looking to recruit more relationship managers, product specialists and investment experts in Zurich and Geneva after business in Switzerland grew better than expected in 2018, its Swiss head Gerald Mathieu told Reuters..

Barclays, which has around 300 employees across private and investment banking in Switzerland, plans to add six to 10 relationship managers, the money-earners who attract and serve customers in wealth management, in the year ahead tateossian cufflinks uk online. “When you look at the market, there’s a league that starts at 20 billion Swiss francs ($20.1 billion) in assets under management and credits,” Mathieu said, adding that Barclays is now more than three quarters of the way to that mark. “With the progress and momentum we have with clients, Barclays is already well on the way to achieving this goal over a short to medium-term timeframe,” he added..

Barclays has carved out a niche among British and Middle Eastern clients looking to book money in Switzerland, and sees room to expand its onshore business for ultra-wealthy expats who are familiar with the bank’s brand and British heritage tateossian cufflinks uk online. “We are able to provide access to our investment and corporate bank, which makes a big difference when meeting ultra high net worth individuals and entrepreneurs,” said Mathieu. The banker, who previously led Barclays’ international private banking out of Monaco, said uncertainty over Brexit could also prove a boost to the Swiss business..

LONDON (Reuters) – Unilever boss Paul Polman, quitting months after shareholders scuppered his plan to base company headquarters in the Netherlands, signed off with a typical mixture of advice and philosophy in his last message to investors. The 62-year-old Dutchman, who will be replaced next month by company veteran Alan Jope, is known for his vision of a company with a commitment to sustainability and ethics. His 10-year reign was marked by substantial cultural change and dealmaking that improved company performance but also by occasional tensions with investors tateossian cufflinks uk online. These burst into the open earlier this year when UK shareholder opposition forced Unilever to abandon plans to move to the Netherlands..

In his final address, delivered in Mumbai and simultaneously webcast, he thanked analysts and investors “for the constructive challenges, most of the time.”. “We’ve not always looked eye to eye. We’ve not always agreed on all things,” Polman said at the end of a two-day investor seminar, urging both sides to respect and listen to each other. “Give the CEOs a little space .. Trust the CEOs by what they do and what they deliver, far more than you do probably right now,” he said tateossian cufflinks uk online.