Barclays further strengthens Private Bank team in the Principality of Monaco

Romina Ronco and Philippe Honegger joins Barclays Monaco
Romina Ronco and Philippe Honegger joins Barclays Monaco

Barclays is expanding its client-facing Private Banking team in the Principality of Monaco as Romina Ronco joins as a Senior Private Banker and Philippe Honegger joins as Head of Sales Trading.

Recognised as a rising star in private banking and private asset management by Private Asset Managers (PAM) in their “Top 40 under 40” last year, Romina Ronco moves to the Monaco team from Barclays in London. Ms Ronco has been a Private Banker with Barclays for nearly 10 years, having joined the team in Geneva in 2008. Prior to Barclays she worked for JP Morgan Private Bank in Switzerland covering OTC derivatives trading with a focus on Ultra High Net Worth clients in Asia and Europe.

She holds a CFA Investment Management Certificate and a CFA Investment Advanced Diploma.

With over 25 years of experience in financial services, Philippe Honegger joins Barclays from Julius Baer where he was also Head of Sales Trading. Before this, he worked for HSBC Private Bank as Senior Fixed Income Trader, responsible for trading and investments and supporting all clients having direct access to the Trading Desk in addition to managing the Fixed Income fund. Mr Honegger holds a diploma in Business and Finance from Lausanne, Switzerland.

Francesco Grosoli, Head of Barclays’ Private Bank for the Europe Middle East Africa (EMEA) region, said: “The expertise and experience that Romina and Philippe bring to the team will further strengthen our ability to offer our clients world class service and advice, bespoke innovative financial solutions, and access to Barclays’ global capabilities.

“These appointments follow Barclays’ recent announcement about our growth strategy for the Private Bank and are key to our plans to continue to build on our successful track record supporting clients in Monaco.”

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Drunk Brit steals car, smashes into Chinese restaurant in Larvotto


par nice-matin

A car driven by a drunk driver crashed into the terrace of the Song Qi Chinese restaurant on avenue Princess Grace early on Saturday morning, causing considerable damage.

Fortunately no one was injured in the incident, which took place at 6 am when few pedestrians were out and about.

The driver, described as a British resident of Monaco, had stolen the vehicle from outside the Estoril building just a few hundred metres away before losing control and crashing into the outside seating area. According to police reports, the driver had two grammes of alcohol per litre of blood when he was arrested. The vehicle he had taken belonged to a delivery driver.

The restaurant repaired the considerable damage and opened for business as usual at lunchtime on Saturday. The road was closed for two hours while debris was removed.(Feature image: Daily Motion)

Song Qi was getting ready for Sunday's dinner service
Song Qi was getting ready for Sunday’s dinner service

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Monaco seals Nice Airport stake

Giovanni Castellucci, Atlantia S.p.A., and Serge Telle, Minister of State. Photo: Manuel Vitali /Direction de la Communication
Giovanni Castellucci, Atlantia S.p.A., and Serge Telle, Minister of State. Photo: Manuel Vitali /Direction de la Communication

On Friday, June 23, Minister of State Serge Telle, accompanied by Jean Castellini, Minister of Finance and Economy, signed an agreement sealing the Principality’s investment in Azzurra Aeroporti, majority shareholder of Aéroports de la Côte d’Azur, to the tune of €135 million.

Monaco will hold a stake of 12.5 percent and the transfer of funds will take place in July.

In September 2016, the French government awarded the majority stake in Nice-Côte d’Azur Airport and other public airports on the Riviera to Azzurra Aeroporti, which is a Franco-Italian consortium.

Serge Telle said that the Prince’s Government was happy to become a shareholder in the Nice airport and to participate in its long-term development. Monaco views Nice Airport as being of strategic importance as it is by far the principal air gateway to the Principality.

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Bill Gates drops in to horse jumping

Full house in Monaco, Port Hercule June 24, 2017. Photo: Facebook Mario Grassia/LGCT
Full house in Monaco, Port Hercule June 24, 2017. Photo: Facebook Mario Grassia/LGCT

The main prize at the Longines Global Champions tour show jumping event – the Casino of Monte-Carlo Trophy – was won on Sunday by Egypt’s Abdel Said, who took the best time in a six-rider jump-off on his 10-year-old mare, Hope van Scherpen Donder.

“I’m delighted with Hope. She stepped up her game. It’s a fantastic show here at the LGTC Monaco, all the best riders are here and I’m delighted with the win today,” he said.

Heaping more praise on his mount, he added: “She’s very special in many ways … I believe in her and she always wins the class for me when it counts.”

The annual Longines Global Champions tour horse-jumping event transformed the Port Hercule into an equestrian centre for three days, starting Friday, and rather like the Grand Prix, this is very much a people occasion as well as an important stage in the global jumping calendar.

Among the weekend crowd were Attina Onassis and Bill Gates, as well as Monaco’s own Charlotte Casiraghi, elder daughter of Princess Caroline, and an equestrian in her own right.

Princess Charlotte Casiraghi, HRH Princess Caroline of Monaco and Lars Windhorst CEO of Sapinda on June 24, 2017. Photo: Facebook Stefano Grasso/LGCT
Princess Charlotte Casiraghi, HRH Princess Caroline of Monaco and Lars Windhorst CEO of Sapinda on June 24, 2017. Photo: Facebook Stefano Grasso/LGCT

Rather like the more famous Formula 1 Grand Prix, the Monaco stage of the tour is distinguished not only by the stunning location, but by the small size of the arena, which straddles the pit lane.

Monaco is the seventh stage on the 15-stage Longines tour, which continues to Paris on June 30.

 

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