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

222-year-old wealth manager to take axe to dealers

The group is understood to have told 11 of its 25 London-based dealers late last week that their job is at risk

Credit Suisse CIO: trades to help you relax on the beach

We are gripped by the idea of volatility being too low

Wealth manager ponders market listing in London

The group is close to hiring Evercore Partners, an advisory firm, to explore the proposal, although no decision has been made on whether to pursue a listing.

Walker Crips boosts revenues after hiring spree

New hires in the quarter included Steven Moss, Mark Entwistle, and John Fletcher, all of whom joined from Barclays Wealth.

GFS Stops Issuing Structured Products After Mariana Deal

The agreement will allow Arbuthnot Latham to focus on its core private-banking business

HSBC dumps sales targets

HSBC Head of Retail Banking and Wealth Management, Glen Tonks, says the change in approach is "market leading" and is being rolled out across the global HSBC network.

Top leveraged finance banker David Ross leaves BAML

Bank of America Merrill Lynch's co-head of leveraged finance for EMEA has left the US bank after five years.

Brown Shipley triples profits as it embarks on hiring spree

Brown Shipley saw pre-tax profit triple to £7 million over the course of 2013.

Isle of Man senior stockbroking figures made life members of CISI

members of CISI. This free life membership acknowledges their important contribution to the Isle of Man branch and to the industry.’

Third Financial Software ink sponsorship deal with British Triathlete

London based financial software company, Third Financial Software, have agreed a sponsorship deal with British Triathlete, Laura Fidler.

Brewin commits to Scotland despite ‘palpable’ uncertainties

The lack of certainty is still palpable

St James’ Place adviser acquires two advice firms for undisclosed sum

A new legal firm enjoying rapid early growth across the business has acquired two Financial Services businesses to bolster its Financial Management arm.

Skipton launches expat buy-to-let mortgages

Nigel Pascoe, director of lending at Channel Islands-based Skipton International, said the new products are a natural extension of the offshore bank’s existing mortgage range.

Sanlam rebrands UK businesses

New logos and brand style to be used, with all UK entities now trading simply as Sanlam.

James’s Asset Management LLP/ St James’s Investments (clone)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone firm’.

Asset managers form group ahead of watchdog probe

The buyside-focused unit of the International Capital Market Association – which represents firms including Aviva Investors, Goldman Sachs Asset Management, Pimco and Schroders – has confirmed plans for a meeting in September before the consul

J.P. Morgan Private Bank wins 'Best Wealth Manager' award globally

Now in their 23rd year, are respected throughout the financial services and private banking industry

Generali sells Swiss private bank

With the sale, Generali completes an aggressive disposal plan, selling 3.7 billion euros of non-insurance assets in about 18 months, just shy of its own target of 4 billion euros.

Ingenious Asset Management completes acquisition of Thurleigh Investment Managers

The Ingenious Asset Management and Thurleigh teams have successfully combined, and are now working seamlessly together at 15 Golden Square, London.

Exodus at top firm unit continues

The unit is said to resemble something of a revolving door,

Wealth and Asset Management