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

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,

Cofunds insists it is not competing with IFAs

We are not going to compete with you” but we will offer your orphaned clients a direct to consumer platform, marketing head says.

Fortunes of wealthiest French keep growing

Corporate success most leading French companies make their money outside France’s stalled economy mainly lay behind the rise, which followed a 25 per cent increase in 2012.

Blevins Franks expanding wealth management business in Portugal

The Prime Minister of Malta, the Honourable Mr. Joseph Muscat, was the keynote speaker at the annual Blevins Franks Wealth Management Conference which this year was held in Malta in late June and was attended by 150 delegates from around Europe.

Bob Morton buys major stake in Peter Webb’s fund firm

Morton, who sits on the boards of numerous small cap firms, has also promised Webb further capital for acquisition opportunities.

European family offices struggle to retain their investments in offshore hedge funds

Sure, most of the European asset manager will comply with it [AIFMD], because they are used to and required to comply with European regulation

Wealth and Asset Management