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Tarek Khlat, CEO of Crossbridge Capital, today announced the company’s plans to serve the fast-growing HNW segment in Turkey with the appointment of two key hires. Private Banking Directors, Serkan Gur and Atilla Uygun who both previously worked at Merrill Lynch Bank of America in London, will help spearhead the push into Turkey. Khlat also commented on Crossbridge’s financial performance for the year ending March 2010, reporting a significant increase in top line revenue growth on the previous year and a more than twofold increase in its bottom line.

Link to press release

thewealthnet reported on Crossbridge Capital’s surge in business with solid revenues which were up 80% for the year to the end of March 2010, as well as recruiting a new Turkey team from Bank of America Merrill Lynch. Please note that a login is required to read this article.

ReutersCity A.M.CNBCFinancial NewsFinanz Nachrichten and Yahoo! Finance are a selection of publications that covered the new hires in the Turkey team, brought onboard to serve the fast-growing HNW segment in that region.