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

No end to hiring freeze in finance sector, Michael Page warns

Profits from UK banking recruitment plunged 50% year-on-year between January and March, dragging the firm's overall UK profits down 3.7% to £30.6m.

SocGen's Redundancy Plan Finds Too Many Takers- Report

Close to 2,200 employees said they wished to leave, according to the report, while the bank initially planned to cut only 880 jobs.

EAB Appoints New MD for Corporate and Institutional Banking

He joins the Bank from BNP Paribas

Threadneedle emerging market debt star House quits

He also co-manages Threadneedle’s Luxembourg-based Emerging Markets Corporate Bond fund fund.

Lloyds Banking's SWIP Unit Cuts Jobs Amid Spin-Off Speculation

The changes come against a background of persistent speculation that Lloyds--in which the U.K. government is a 41% shareholder following a bailout during the financial crisis--is planning to sell the unit, although Lloyds management has so far denied the

BNP Paribas promotes metals Rising Stars

BNP Paribas has made two promotion in its metals team in London, with each having featured in Financial News's most recent lists of Rising Stars in investment banking and trading and technology.

UBS hires JP Morgan veteran for its global family office

His role is a new one for the firm and is designed to make sure billionaires get better access to corporate finance transactions including initial public offerings.

End of an era for Europe's 'rock star' bankers?

Such men, with their big reputations and their loyal clients, are hard to replace, but it may well be that banks are happy enough not to do so.

Ashcourt Rowan creates CIO role for ex-Close man

Meadows, who joins from Broadstone Pensions & Investments, takes up the newly created post with immediate effect.

Butterfield adds to private banking team

Prior to joining Butterfield he held positions within Insinger de Beaufort, Close Brothers and Rathbone Investment Management.

HSBC Private Bank Boosts HNW team

He joins from Credit Suisse Private Bank and has more than 20 years experience in financial services, investment management and commerce

Deutsche Bank PWM hires HSBC high net worth boss

Deutsche Bank Private Wealth Management has boosted its team serving the extremely wealthy in Great Britain by making two appointments from HSBC Private Bank.

Ashcourt Rowan creates CIO role for ex-Close man‎

He joins from Broadstone Pensions & Investments with the remit to develop and grow the group’s research function to ensure that Ashcourt Rowan has a “first class” equity and collectives research and portfolio construction team for it

China Sovereign fund European PE head quits

The European head of private equity at China Investment Corporation has resigned after only four months in office.

JO Hambro IM hires $5bn man for global equity team

Rutter will be joining JOHIM’s global equities team which runs $1.7 billion in segregated mandates, as well as the JOHIM Global fund and the Waverton Global Equities fund.

DLA Piper adds Goldman director to London partnership

Justin Conway, who was an executive director and senior counsel at Goldman, joins DLA Piper’s London restructuring practice as a partner.

Aquila Capital expands quant team

Gudat joins Aquila Capital from AXA Rosenberg, the specialist active global equity investment management firm, where he was responsible for managing relationships with supporting institutional investors in Germany, continental Europe and the Middle East.

Cazenove Capital builds up European operations

Cazenove has been a recognised name in the region for nearly 200 years, with the investment bank supporting bases in Milan, Frankfurt and Paris.

Norton Rose announces double partner hire in Amsterdam

Maartje has 13 years experience of practicing employment law in London, New York and Amsterdam and has worked with international clients on a number of significant cross-border projects, both as part of wider corporate transactions as well as stand-alone

Standard Life boosts Global Fixed Income team

Standard Life Investments has enhanced its Global Fixed Income offering with two new appointments.

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