Managers of Wealth

17,000 advisers to leave industry in 2013

Life and pensions and investment giant Standard Life has predicted that the financial advice market will shrink

Lombard Odier boosts ME team

Lombard Odier is continuing to expand its presence within the GCC region with the recent appointment of a new Senior Vice President in the New Markets Group

Vistra Funds Services strengthens London team

It is a strategic ambition for the Vistra Group to develop a strong fund administration business, and a component of this strategy is to drive forward the acquisition of new clients in key locations such as London.

Man Group CEO to step down

He will hand over in February to chief operating officer

Top UBS Indonesian banker leaves the firm

The country head of UBS Indonesia, Rajiv Louis, has left the firm after helping expand the Swiss bank's operation in Southeast Asia's biggest economy for almost a decade.

Brown Shipley appoints head of private banking

He has worked at Brown Shipley for eight years and was recently promoted to head of private banking for the north-west.

Barclays Wealth job cuts in IFA distribution team

A spokeswoman for Barclays Wealth says: “As a result of this review strategy, a small number of employees will be impacted and we are currently looking at redeployment options.”

Newton’s head of international private clients resigns

While permanent a replacement is yet to be announced, oversight of the international private client desk will be transferred to Caroline Tye

ECU Group announces two senior appointments

The ECU Group has announced two further senior appointments.

Skandia UK creates new investment solutions team

Skandia in the UK, part of Old Mutual Wealth, has created a team to develop new investment solutions for UK and international business.

UBS hires SAP's executive as communications, branding head

The executive's job means he will be a standing guest at meetings of the Swiss bank's 12-person top management board.

ABN AMRO Clearing names new MD of UK business

He joined Fortis in 2007 and was Deputy Head of Business Control at Fortis Clearing from 2008

Nomura Establishes Global Markets Business

The announcement is aligned to the strategic and financial targets announced by Nomura in September, designed to help the firm adapt to significant changes in the market and facilitate a single client strategy.

Raymond James Recruits $230 Million Team in Baltimore Area

The team operates as Fusco Financial Associates, an independent firm

Man Group hires hedge fund industry veteran

Rohal will help develop the company’s products for the U.S. market and “deepen Man’s relationships”

Morgan Stanley Hires Advisors Managing $778M

The largest team by assets in the latest hires comes from Merrill Lynch.

Former FSA chief in talks to join Deloitte

The former chief executive of the Financial Services Authority, is in talks to join accountancy firm Deloitte as a partner less than six months after quitting his post as Britain’s top regulator.

JP Morgan Taps New Asia Chief

The decision is part of a reorganization this summer that combined the biggest U.S. bank's investment bank and Treasury services unit into the new corporate- and investment-bank unit.

HSBC names Global private banking CEO

An announcement regarding Commercial Banking Europe will be made in due course.

Citigroup cuts 11,000 staff worldwide

The bank said the move, which will see its headcount shrink by 4%, would cost it about $1bn (£621m) in pre-tax charges.

Executive Moves