Managers of Wealth

UBS Grabs Advisors With $1.7B in Assets From Rival Firms

The largest producing team of those hires includes Matthew Kilgroe, Peter Frantzis and Tommy Kidwell, who join UBS in St. Petersburg, Fla., from Merrill Lynch.

Bofa's co-head of Europe distressed debt quits

He was based in the bank's London office, said in a phone interview that he has "no intention of taking a role in another investment bank."

Avaloq appoints new head of innovation development

Among other complex projects, Beck implemented a global risk management and control system, and participated in the design and implementation of a global IT platform for investment banking at UniCredit Bank AG.

Baird adds 12 advisers with $1.9 bln in client assets

"They bring a lot of tenure to the firm," said John Mabee, vice chairman of Baird's private wealth management group.

Bahrain SWF Mumtalakat names new CEO

He was deputy chief executive of the fund since 2006, was also mostly recently the chief executive of Bahrain-based labour fund Tamkeen, Mumtalakat said in a statement.

Credit Suisse proposes new directors

Credit Suisse Group Wednesday published its agenda for the Annual General Meeting of April 27, 2012, including proposals for the election of Iris Bohnet and Jean-Daniel Gerber to the Board of Directors.

Canaccord and Collins Stewart to axe 100 jobs

Nearly 100 staff will be made redundant on Thursday when Canaccord Financial completes its acquisition of Collins Stewart Hawkpoint, as London’s stockbroking industry continues to shed capacity.

Temasek hires Rothschild's top M.East energy banker

He will join Temasek’s group overseeing energy and resources investments, said the person, who asked not to be named as the information isn’t public.

Queen’s grandson becomes latest victim of the RBS meltdown

He handed in his notice as the bank’s head of global sponsorship a fortnight ago amid rumours that he was next in line for the chop.

Raymond Baer moves to the sidelines at Julius Baer Group

After almost 25 years at Julius Baer, of which ten were as Head Private Banking and nine as Chairman of the Board of Directors, Raymond J. Baer has decided to re-balance his relationship with the Julius Baer Group.

Barclays Wealth snares Chelsea Financial Services’ VCT guru

He will be responsible for researching any VCT and EIS products offered to Barclays’ private and retail client base.

Deutsche PWM UK portfolio boss joins Morgan Stanley

Surguy, who was also a managing director, moved over to Deutsche Bank PWM in 2006 when the group acquired Tilney Investment Management.

Towry chairman steps down‎

Jones, who was appointed in November 2006, will be replaced by Gerald Corbett, non-executive director.

Bank of America said to plan hiring UBS veteran

He was most recently an honorary president at UBS in Hong Kong

Bank of America said to plan hiring UBS veteran

He was most recently an honorary president at UBS in Hong Kong

Vontobel replaces its head of private banking, Fanconi to leave

He has an excellent track record in the international finance industry and will take over responsibility for the private clients business from Peter Fanconi, who has decided to pursue a new professional challenge outside the Group.

Societe Generale Private Banking appoints new Marketing Head

He will be responsible for defining and implementing the private bank’s commercial strategy, in coordination with the Executive Committee.

Ashburton appoints new international equity lead manager‎

She will work closely with Nick Lee, Director of Investment and Fund Management, who will join her as co-manager on the International Equity Funds.

Liechtenstein-based boutique poaches Barclays Wealth Expat team head

He started in his newly created role this month as executive director and senior relationship manager after leaving the UK bank in December.

DBS Appoints Head Of International Private Bank

He was previously head of international private banking for Bank of China.

Executive Moves