Gold Bullion International

Movers & shakers - The Daily Deal

Movers & shakers
The Daily Deal
June 28

A Merrill Lynch & Co. veteran wants to cash in on the gold craze. Colbert Narcisse (pictured), who spent 17 years at Merrill, launched New York-based Gold Bullion International LLC, a business services company that enables investors to acquire, manage and store physical precious metals, including gold, silver, platinum and palladium. The company said it makes acquiring precious metals cost-effective and as seamless as purchasing a stock or bond.

Narcisse, CEO of the company, previously worked in investment banking and global wealth management at Merrill. During his time there, he had been an investment banker in the financial institutions group; chief operating officer for investment banking, Americas; and COO of global wealth management.

Savneet Singh is a founder and chief operating officer of GBI. He was an investment analyst at Chilton Investment Co., covering technology, alternative energy and infrastructure investments. Prior to that, Singh was at Morgan Stanley in the investment banking division, working on financial sponsor and strategic company transactions. The advisory board includes retired U.S. Army general Wesley Clark, former House Majority Leader Richard Gephardt, Tocqueville Gold Fund portfolio manager John Hathaway and former Securities and Exchange Commission chairman Arthur Levitt.