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Bank of America Merrill Lynch leaves Croydon, taking 200 jobs

ROUND 200 jobs will be lost to Croydon when Bank of America Merrill Lynch closes its data centre in the town early next year.

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.

Smith & Williamson announces five senior appointments

In recent months, Smith & Williamson has made five senior appointments to its London investment management team, bringing the number of investment directors across the group to over 110, of which about 70 are based in the Moorgate office.

UBS appoints global structuring management team

UBS has appointed a team of cross-asset specialists who will improve coordination of its structuring unit as part of the Swiss bank's plans to grow the business.

Deutsche Bank PWM hires Allied Irish Bank Scottish wealth head

Deutsche Bank Private Wealth Management UK has recruited Patrick Caves as director and lending relationship manager for its Glasgow office.

Threadneedle wins UK Select Trust mandate

Threadneedle is expected to start running the mandate on or around 31 July 2012.

Coutts bolsters Tax & Wealth Structuring team

He joins Coutts from Credit Suisse, where, most recently, he was Head of Wealth Planning.

Neptune marketing director to join Aberdeen

Money Marketing revealed Wednesday that she had resigned from Neptune with immediate effect.

Mercer names Head of Responsible Investment for EMEA

With four of its 15 team members based in EMEA, Mercer’s RI group has provided advice to some 120 clients with assets of over $2.5 trillion.

Goodman Group announces senior management restructure

The appointment comes as part of a major reorganisation of the Group’s European management team driven by the growth of its European business, both in terms of assets under management as well as the volume of development projects.

Enness Private Clients Expands Broking Operation

Claudia Marley becomes the newest employee at Enness where she will be a mortgage consultant.

Old Mutual Asset Management Advances Global Distribution Strategy

He will spearhead OMAM's strategy of building core institutional distribution capabilities in global markets where the firm can meaningfully contribute to its affiliates' global expansion efforts.

Julie Adams takes senior partner role at Menzies

The firm is attempting to deal with what it describes as a "changing client base" by providing a broader range of services, including wealth management, advice and support for companies operating internationally. It also recently launched an HR

Duncan Lawrie Private Bank appoints UK regional director

He has enjoyed a career spanning 28 years and joins from Clydesdale Bank where he held the role of senior partner and was responsible for running the Bristol team of corporate relationship managers and support staff.

Swiss private bank to make heavy job cuts in Europe

The cuts are part of a plan announced last year to sever some 3,500 jobs throughout the bank worldwide, but the focus on core investment banking signals that corporate despair about the economy persists worldwide.

Cambridgeshire-based IFA hires maths whizz to help run risk-rated offerings

He said he wanted the firm to expand further this year, and planned to recruit advisers and acquire client banks from retiring IFAs.

BofA appoints co-heads of Global Corporate and Investment Banking

In their new roles, which are subject to the usual regulatory approvals, Bob and Diego will partner closely together to drive the growth of the bank’s corporate and investment banking franchise.

Two top execs exit at Ulster Bank

The internal announcement of the departure of two of Ulster's key management crowns a chaotic week that saw the bank forced to unreservedly apologise to up to 100,000 of its customers who found they couldn't access their accounts because of IT p

Barclays reshuffle sees Rich Ricci rule investment roost

The bank said yesterday that Jerry del Missier – who had run the corporate and investment banking business jointly with Ricci – will become chief operating officer, a position Barclays had left void since 2008.

Morgan Stanley's German head offers resignation-sources

The departure of Dirk Notheis would be a blow for the U.S. investment bank, which had come to rely heavily on him to deliver lucrative advisory roles in mergers and acquisitions, known as mandates.

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