Managers of Wealth

Duo team up as IFA sector faces upheaval

TWO veteran financial advisers are teaming up to create a wealth management firm that will capitalise on opportunities created by sweeping changes to regulation.

Source appoints Swiss director

He was previously a sales director at BNP Paribas Investment Partners in Zurich, where he was responsible for fund distribution to banks, asset managers, life insurers and family offices in Switzerland.

Ashcourt Rowan appoints chief execs

The appointments are part of group chief executive Jonathan Polin’s change management programme, and what is described as an acknowledgement of the pair’s contribution in the group’s restructure.

Citi Private Bank expands Forex team

Joining from BNP Paribas, de Wolff will report to Attila Oezel.

Jacqui Brabazon leaves Standard Chartered

Industry veteran Jacqueline Brabazon has quit her role at Standard Chartered Private Bank

Diamond ousting 'was plotted by his outraged bankers in New York'

Monday night's memo to staff from Mr Diamond particularly enraged his New York trading floor.

Cazenove Capital appoints Head of European Sales

He joins from GAM London Limited where as Client Director he built a strong track record in promoting a range of single manager hedge funds, global fixed income and absolute return emerging market debt strategies across the UK, Continental Europe, Austral

Jobless HK bankers must hone skills

Investment banks across Asia have shrunk staff through occasional cuts and broad attrition as market activity has stumbled, leaving plenty of former bankers kicking their heels, according to recruiters and industry executives.

Sarasin & Partners adds three new partners

Guy Monson, Chief Investment Officer said: “We are delighted to announce the promotion of these three experienced colleagues.

LGT hires Merrill's Middle East wealth chief ‎

The bank has hired at least six private bankers from Swiss rival Clariden Leu for the business, the sources had said at the time.

UK private bank expands Shrewsbury team

pansion plans for the future. This is a very exciting challenge for me and I look forward to supporting the team.”

At Barclays, the Search Is On for a Chief Who Can Restore Its Reputation

Being the next chief executive of Barclays could be described as the hardest job in banking right now. But someone has to do it

HighTower Accelerates West Coast Expansion With New Office In San Diego

Mr. Molnar and Mr. Nordlicht join the HighTower partnership as Managing Directors and Partners, and collectively manage more than $330 million for corporate executives, entrepreneurs, venture capital firms and high-net-worth families.

FRM research head takes CEO role at Marble Bar

The head of research at FRM has become the first senior departure from the fund of funds manager since it was acquired by Man Group in May its plans to acquire the fund of funds manager.

Barclays says Bob Diamond quits

Outgoing chairman Marcus Agius, who announced his resignation on Monday, will become full-time chairman and lead the search for a new chief executive.

Barclays executive Jerry del Missier quits over 'Libor lies'‎

“I have every confidence that the Board and Executive Management of Barclays will be successful in executing their plans, and I wish them the best of luck in doing so."

LLB appoints new head of private banking

He was previously a partner at the management consulting firm McKinsey & Company in the function of Head of Swiss Private Banking and Risk Management Practice.

Barclays chairman quits in bid to stop the bleeding‎

The Board has also agreed to launch an audit of our business practices.

Leading Swiss private bank appoints Head of UK Institutional Client Relationship Management

He has over 17 years of investment industry experience gained from his role at Hermes Fund Managers where he was Head of Client Relations, responsible for clients across multiple distribution channels.

Close Brothers Asset Management announces senior appointment

He was previously operational readiness director at Legal & General Assurance Society and had held a number of senior roles within the group.

Executive Moves