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Month: August 2020

Jean-Christophe Gerard new CEO of Barclays Private Bank

by: Staff Writer
14/08/2020

Barclays has appointed Jean-Christophe Gerard as CEO, Barclays Private Bank with immediate effect, subject to regulatory approval.
Jean-Christophe joined Barclays in 2017, initially heading up Investments for Barclays Private Bank, and has almost 30 years’ of experience in private banking, asset management and investment banking. His previous roles also include Head of Private Bank Europe, Monaco and Switzerland, and CEO of Barclays Monaco.
“With a long and successful career in private banking and financial markets, Jean-Christophe is brilliantly placed to lead the Private Bank as we focus on supporting our clients and our next of phase of growth,” said Ashok Vaswani, CEO, Consumer Banking & Payments.
“I am very much looking forward to leading Barclays Private Bank as we accelerate our growth as the quality private bank and partner of choice to Global UHNWIs and Family Offices looking for a full range of specialised services across international booking platforms,” added Jean-Christophe Gerard, CEO Barclays Private Bank.
Barclays Private Bank is well-established as a quality private bank and partner to Global Ultra-High Net Worth Individuals (UHNWIs) and Family Offices looking for a full range of specialised services across international booking platforms. Jean-Christophe’s appointment also follows a series of recent announcements that has seen the Private Bank strengthen it senior leadership team and expand its international footprint.
Last month it was announced that Effie Datson joined in the newly created role as Global Head of Family Office and Melanie Aimer as Global Head of Client Experience. While in June, Olivier Franceschelli was appointed Head of Private Banking in Monaco and Alan Werlau Head of Investments for Barclays Bank Ireland PLC.
 
 

Free electric cart available for Rue Plati residents

by: Stephanie Horsman
14/08/2020

Since 20th July, the Department of Urban Amenities has been offering a free shuttle service for residents living around the Grand Ida construction site.

Rue Plati is virtually cut off from now until 18th December to all but foot traffic due to building work on the Grand Ida complex and for some residents this was becoming a serious hardship. The Department of Urban Amenities (DUA) stepped in and set up a special free shuttle service for the residents of the street who are being affected using electric carts to take people to and from their homes to places outside the construction zone.

The service is available from 8am to 12pm and 1pm to 5:30pm Monday through Friday, from 9am to 12pm on Saturdays, and from 5pm to 8pm on Sundays.

Residents have been alerted to the service and given the driver’s mobile number to schedule pick-ups and drop offs. The service has been “very well received” by local residents, according to reports.

If you are living on Rue Plati and would like to make a reservation, call or message the driver on +33 6 78 63 20 78.

The Grand Ida is the new government housing centre designed by Square Architects, a Monaco-based firm. There will be a total of 160 new apartments, of which 140 will be state housing and the remainder privately owned. The project includes a 288 space car park, a creche, offices and a “collective life unit”. The project is due to be completed in 2023.

 

© Direction de la Communication / Manuel Vitali
 

Traffic “red alerts” forecast for this weekend

by: Stephanie Horsman
13/08/2020

The weekend’s traffic situation is looking rough for those who are both leaving or returning from holidays.

Bison Futé, the French government’s traffic site, has forecast red level traffic warnings for departures and orange level for arrivals into the region this weekend.

Traffic is expected to be extremely heavy on the A8 and A50 on this holiday weekend, and patience will need to be the byword for travellers.

Specifically, traffic on the A8 between Aix-en-Provence and the Italian border will most likely see persistent traffic on urban area exits. On Friday, motorway traffic will be heavy in both directions roughly between 10am and 7pm. Saturday isn’t looking much better, with “sustained traffic” between 9am and 7pm on the section of the motorway from Antibes to Nice.

The A50 is expecting heavy traffic from Aubagne to Toulon on Friday at rush hours, and again on Saturday from mid-afternoon into the evening, then again most of the day Sunday.

Police urge caution on the roads this weekend and ask drivers to take particular care.

 
 

First post-Covid yacht show to be held in Cannes

by: Stephanie Horsman
13/08/2020

The Monaco Yacht Show may not be going ahead this year, however industry professionals will still be able to attend the Cannes Yachting Festival, which is set to take place in a few short weeks.

The 43rd annual Cannes Yachting Festival is being held from 8th to 13th September and will feature over 400 boats in the city’s two marinas, with motorboats in the Vieux Port and sailboats in Port Canto.

“The first criteria was to confirm the content. It’s not a matter of numbers, it’s a matter of who is coming,” The organiser of the show, Sylvie Ernoult, told Super Yacht Times. “Cannes is a very eclectic show with a good range of boats. That’s the real power of the show – that’s its DNA. So, it doesn’t matter if a big player who used to come with 15 boats comes with 10 boats this year, it’s just important that they are there.” 
“The second thing was, of course, health and safety. Once we knew our clients wanted to come, we had to ensure we could protect them, staff, and guests,” added Ms Ernoult. “Our dedicated sanitary team has been working with UNIMEV (a French organisation that ensures environmental safety at events) to make a plan – and that plan was recently accepted by the government and validated by the international body, Apave.” 
The show will necessarily be smaller as social distancing protocols must be put in place, but organisers are anticipating an excellent turnout for exhibitors, with up to 90% of the usual companies present, many featuring world premieres, others featuring their latest creations.  
One big difference this year is that there will not be any parties, though individual boats can host events so long as they remain in compliance with the rules.  
Despite that, the organisers are expecting many visitors who are ready for “real-life” events after the endless stream of online facsimiles of the past several months.
“We know that real-life boat shows are important: to see it, experience it and be there,” said Ms Ernoult. “So for me, opening the first boat show where exhibitors can talk to their existing clients, talk to potential new clients, talk to the press, re-develop their B2B relationships and present their new collections is so important for the industry, and I’m excited for it.”
 
Photo by Cannes Yachting Festival
 

Only surgical masks allowed on flights

by: Cassandra Tanti
13/08/2020

Passengers flying to and from France will only be allowed onboard flights if they are wearing single-use, ‘surgical’ masks. Material face coverings will not be accepted, according to a new government rule.
France has tightened its regulations across the board recently with regards to mask wearing, including on flights. French authorities are enforcing new rules for travellers, saying they must wear the single use, blue/white or green/white masks.
French legislation states that: “All persons aged 11 or over shall, on board an aircraft engaged in public transport to, from or within the national territory, [must] wear the protective mask referred to in section I of Article 49 from the moment of boarding.”
The article says that these protective masks must be EN 14683, or “standard, single-use surgical masks”.
While easyJet is informing customers of this requirement via email, SMS and Flight Tracker ahead of departure, others, such as Ryanair, are less specific, stating on its website only that “face masks are required”.
Photo by Monaco Life, all rights reserved
 
 

Conor McGregor confirmed for team Notorious

by: Cassandra Tanti
13/08/2020

It’s been revealed that mixed martial arts fighter Conor McGregor will join team Notorious for The Crossing: Calvi – Monaco Water Bike Challenge, in a not-so surprising announcement on Thursday.
The former Ultimate Fighting Championship (UFC) featherweight and lightweight champion was spotted water bike training alongside Princess Charlene in Corsica in July, so the only questions remaining was which team would Conor McGregor join? Considering his nickname is ‘The Notorious’, it comes as no surprise that he will be one of four members of team Notorious, lead by Princess Charlene’s brother and General Secretary of the Princess Charlene of Monaco Foundation, Gareth Wittstock.
The Princess’ Foundation revealed earlier this week that Yannick Angel, French swimmer and Ambassador of the Princess Charlene of Monaco Foundation, will join team Serenity with the Princess.
The remaining team members are still to be revealed.
The crossing is due to take place on 12th and 13th September and aims to raise awareness about drowning prevention and the Princess Charlene of Monaco Foundation’s work on water safety around the world.
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