Managers of Wealth

Barclays Glasgow wealth boss moves south to lead Bournemouth

The office will get additional support from Nick Wood, who is joining as a private banker.

Ashcourt Rowan COO exits in board restructure

As a result, the structure of the board of directors is changing to comprise a non-executive chairman, two non-executive directors and two executive directors (chief executive and chief financial officer).

UBS stands accused of eradicating senior bankers, replacing them with juniors

UBS is allegedly the latest place to chuck out expensive MDs and make do with cheaper but equally competent staff below them.

Alain Demarolle appointed non-executive chairman of LCH.Clearnet SA

Patrick Combes announced in May 2014 that he would step down as director and the chairman of the board directors of LCH.Clearnet SA. Aigrain remains chairman of LCH.Clearnet Group.

Veteran private banker moving from Coutts to RBC

The veteran private banker is said to be joining former employer RBC Wealth Management, having left Coutts earlier this month. RBS is reportedly considering selling the overseas arm of the private bank.

Wealth Group poaches from Hume Capital

As a business that was launched in preparation for a post [retail distribution review] environment, a core strength of the group is our back-end technology platform and associated internal management processes

Societe Generale appoints Head of Trustee and Depositary services in the UK

This appointment is part of SGSS’ development strategy to provide clients with a complete and competitive securities services offering in the United Kingdom.

Swiss Bankers Association hires new head of financial market

He will succeed Renate Schwob, who, at her own request, will be leaving her role as Head of Financial Market Switzerland at the Swiss Bankers Association (SBA) as per end of October 2014.

J.C. Rathbone appoints Nedal Ramahi as consultant

He joins from BNP Paribas, where he structured hybrid and subordinated debt.

FIA Elects New Chairman and Two New Board Members

FIA today announced that the members of FIA's board of directors elected Gerald F. Corcoran, chairman and chief executive officer of R.J. O'Brien & Associates LLC, as chairman of FIA

HSBC Private Bank snaps up four from rivals

HSBC has made a quadruple swoop on other private banks, including two senior hires from Credit Suisse

Swiss private bank appoints EAM team head for South East Asia

He joins from Societe Generale Private Banking

UBS AM appoints head of global liquidity management for EMEA

He will report to Joe Abed, the head of global liquidity management, the company said.

Close Brothers wealth management heads step down

Close Brothers head of wealth in Scotland Andy Cumming will take over as national head of wealth management.

Equilibrium Asset makes new appointments

Wilmslow-based Equilibrium Asset Management has appointed six new recruits

Northern Trust names first female COO

Northern Trust has announced strategic leadership changes that will take effect September 1.

Barclays exodus continues as global investment head departs

Formerly head of iShares International, had been at the bank since 2012 and had previously worked closely with ex-private bank head David Semaya on Barclays' asset management proposition.

Swiss Financial services giant appoints MD for Greater China

She joins from UBS AG, where she was a managing director and deputy regional market manager for the China market.

Enhance appoint Barry Hardisty as Director

He is a member of the Chartered Institute for Securities and Investment. In his previous role as a Senior Investment Manager at Canaccord Genuity Wealth Management

Ex-Barclays Wealth banking head joins Swiss private bank

He was in the driving seat of Barclays’ UK and European wealth management arm for just 10 months before he jumped ship. He had worked for the firm since 2010.

Executive Moves