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

Citigroup cuts 11,000 staff worldwide

The bank said the move, which will see its headcount shrink by 4%, would cost it about $1bn (£621m) in pre-tax charges.

Credit Suisse Cuts Hedge Fund Forex Sales Force In London

Credit Suisse said last week that it would cut 100 investment banking jobs in the U.K. as part of its cost-cutting effort.

F&C Asset Management appoints new CEO

He is expected to join the F&C board as an executive director with immediate effect and take up his role from January 2013, the firm said in a statement on Tuesday.

Frontier Markets Boutique Hires Marketing Head

She will primarily be responsible for expanding Insparo’s existing investor base in the UK and Europe.

Brown Advisory lures Fleming Family chief in double hire

The pair join as head and deputy head of Brown's UK private client services and will take charge of building out the firm's capabilities in Britain.

JPMorgan expands london indian team with two senior hires

Both will report to Rahul Malhotra, head of the South Asia team.

Lyxor chief exits firm

Before joining Lyxor, Hamid was head of sales strategy at BlackRock’s iShares, having joined the ETF provider in 2008.

Zurich marketing head departs as part of restructure

As part of the cutbacks the number of branch offices was streamlined from nine to five from the end of October.

HSBC wealth management chief retires

John Flint, former chief executive of HSBC Global Asset Management, will take over from Thurston on 1 January

Barclays bolsters Birmingham team with academia hire

The hire comes as part of Barclays’ Embark scheme, which aims to find talented people from different professions and helps them transition in to wealth management.

Russell Investments makes investment strategist hire

Sturkenboom will be joining Russell’s global investment strategy team of seven

BNP Paribas’s Regesta Leaves Interest-Rate Strategist Role

Matteo Regesta has left BNP Paribas SA in London where he was a senior interest-rate strategist, he said in an e-mail today.

Former Rothschild head of emerging markets joins BNP Paribas CIB

Warburton’s appointment comes as part of CIB’s commitment to expand its business in several key areas

Brewins makes further hires from Barclays’ Bristol office

Now almost a year old, Brewin’s Bristol branch has increased its headcount to 20. The hires follow the recruitment of Jonathan Godfrey from the local Barclays Wealth office in April.

Goldman Sachs Asset Management picks international leader

Andrew Wilson becomes the sole CEO of EMEA

Schroders appoints new CFO as current director announces departure

Schroders has announced that Kevin Parry has decided to step down as Chief Financial Officer and as a Director of the Company with effect from 5 May 2013.

Colin Jelley exits St James's Place

Jelley joined SJP in May 2011 to broaden its service offering for high net worth clients.

Sesame appoints ex-L&G compliance boss to board

She left L&G in December 2010.

Raft of appointments at Butterfield Bank

The continued presence and perspectives of both gentlemen on our Board, along with their extensive knowledge of Butterfield, will serve Butterfield Bank [UK] Limited well as we continue to develop and enhance our private client services and do our part to

Charles Stanley & Co boosts team

Celia joins the long established branch, one of the oldest in Charles Stanley’s 32-strong branch network

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