Managers of Wealth

Barclays Wealth veteran joins Rathbones

The departure is the latest in a series of prominent resignations from the private bank.

HSBC to Lose Two Board Members Amid Tougher Rules

HSBC Holdings PLC is to lose two board directors at its U.K. unit amid a toughening of Britain’s rules around bank officials’ accountability

Standard Chartered to Hire 1,000 More Staff in Africa

Standard Chartered, Barclays and Citigroup are the biggest international banks in Africa, but they are facing increasing competition from Asian banks, including Chinese ones

Ex-Barclays Wealth chief to head Fidelity UK business

Horrell is set to begin his new role at Fidelity at the start of April 2015 subject to regulatory approval.

First Names Group appoint Matt Haynes as Group Business Development Director

First Names Group is delighted to announce the appointment of Matt Haynes as Group Business Development Director. Matt’s appointment will significantly strengthen the Business Development team, as the international Group continues its ambitious orga

Towry and LEBC step up their recruitment drives

The wealth advice manager for Towry said the four newcomers have joined as a result of the recent acquisition of Baker Tilly’s private client financial advice and investment management business.

BNP Paribas hires ex-Barings manager Harte in multi-asset push

He is joining the French firm's multi-asset solutions group, headed up by Charles Janssen, and London-based Harte will also be a member of the tactical asset allocation & research team led by CIO Colin Graham.

Merrill Grabs Million-Dollar Producer From UBS

Merrill Lynch recruited an advisor generating $1 million in annual revenue from rival wirehouse UBS, according to a statement from Merrill.

Ex-UBS head John Fraser to replace Martin Parkinson as Treasury boss

His likely appointment was revealed by The Australian Financial Review on Sunday afternoon.

Leading Swiss private bank appoints new Global Head Private Banking

He joins after a long-standing career at Credit Suisse and Clariden Leu

Citi’s Mexico unit replaces CEO after costly loan scandal

The head of Citigroup Inc’s Mexican unit Banamex has resigned, the bank said, after problems this year that included a major loan scandal that generated hundreds of millions of dollars in losses.

Sanlam recruits new head of Worcester office from St. James’ Place

He was formerly head of operations at the Large Business Unit at St. James’ Place

ANZ Wealth research manager departs

It is understood he resigned on 12 September.

J.P. Morgan Asset Management names co-heads of global solutions business

The spokesman said there's no information to disclose at present regarding a replacement for Mr. Falcon's previous role as head of retirement.

New MD for Salamanca Group Trust & Fiduciary, Jersey

He will be responsible for running the operation in Jersey and growing its book of business.

Old Mutual Wealth hires ex-Rathbones chief

The appointment comes after Old Mutual Wealth recruited BUPA chairman Sandy Leitch as a non-executive director in July.

RBC Capital Markets Poaches UBS Head of U.S. Sponsors

RBC Capital Markets has shuffled the leadership of its team of bankers that advise private-equity firms, poaching UBS AG's U.S. head of financial sponsors, Matthew Stopnik, to become joint head of sponsors at the Canadian investment bank

Morgan Stanley hauls in $320M Neuberger Berman team

Morgan Stanley Wealth Management has wrapped up a round of mid-September hires that brought in a father-son team managing $320 million in assets at Neuberger Berman

Unigestion strengthens Cross Asset Solutions offering with two senior appointments

Unigestion, the boutique institutional asset manager with GBP 9.3bn (CHF 14.3bn; USD 16.2bn; CAD 17.2bn) of assets under management, has further strengthened its Cross Asset Solutions team with the appointment of Guilhem Savry and Olivier Blin.

Lloyds Banking Group makes senior wealth management hires

Lloyds Banking Group has made two senior appointments to its wealth and mass affluent division.

Executive Moves