- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

XCap Securities appoints new chairman

Its current chairman Mark Holleran has been moved onto the role of chief operating officer.

FSA enforcer Margaret Cole to join PwC ‎

Margaret Cole, the Financial Service Authority's most effective enforcer who resigned earlier this year, is to join accountants PwC as its top legal adviser in Britain.

Harneys adds Cayman funds partner to London office

He brings over 10 years of offshore funds experience to Harneys having previously practiced in the London office of Maples and Calder

German financial giant names Asia-Pacific co-CEO

He will initially be based in Mumbai, where half of the bank's 18,000 employees in Asia are located, will move to Singapore in due course.

Banned Royal Bank of Scotland financier becomes young offender mentor

The FSA banned Cameron – a close associate of Fred Goodwin – from holding any key full-time job in the City after he played a lead role as the bank crashed and his division lost £11billion in 2008.

Manchester United Names Ex-JPMorgan Banker as Vice Chairman

Chief of staff Woodward, who operates from the 19-time English champion’s London sales office, is responsible for managing the club’s commercial operation, which last year brought record sales of more than 100 million pounds ($158.5 million),

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.

BI-SAM announces new EMEA organisation structure

Continuing on the growth path it has been following these last years, the BI-SAM group will communicate throughout 2012 about its ambitious 3 to 5 years strategic growth plan.

Lloyds names transaction banking head

He has spent his entire career in banking, which began more than 30 years ago with Lloyds Bank which he joined as a trainee.

U.S. private equity firm poaches senior Lloyds banker

He joins from Lloyds Banking Group, where he was Director of Group Strategy and Corporate Development

Job losses loom at UK banks due to new regulations

Further job losses in the banking sector are on the way, a report said today, after the eurozone debt crisis, compensation costs and higher taxes slashed the combined profits of the UK's five biggest banks.

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.

Bankers look to other sectors, despite fair bonuses

According to the ‘2012 Michael Page Financial Services Employment Trends’ survey, 84% of finance professionals have considered leaving the sector.

Towers Watson strengthens Settlement team with Two Significant Hires

The appointment reflects growing demand from clients to help them establish a de-risking journey plan..

RBS wealth head and Coutts' deputy chairman retire

He recently joined the board of Adam & Company. Pell has not been replaced.

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.

Schroders strengthens German institutional distribution team

She brings with her more than 20 years‘ experience in investment banking, and was previously an independent advisor on mandates in the fields of financial optimisation, risk management using derivatives and corporate finance.

Towry chairman steps down‎

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

FSA head Hector Sants to resign in June

It means he will not take up his planned role as boss of the new the Prudential Regulation Authority (PRA).

Executive Moves