- September 3, 2010 - F&C Restructures Senior Roles In Wake Of Thames River Acquisition
F&C Asset Management has made a number of changes in personnel as it completes its acquisition of Thames River Capital, which will now handle F&C’s multi-manager funds business.
The combined group will see Thames River focus on distribution to IFAs and wealth managers, whilst F&C will concentrate on institutional distribution.
Charlie Porter, founder and chief executive of Thames River, will join the F&C executive committee, responsible for the group’s retail and wholesale fund business.
- September 2, 2010 - Executive Moves - August 2010
North America
JP Morgan Asset Management named Michael O'Brien to the newly created role of global head of institutional client group. He reports to chief executive Mary Callahan Erdoes. Prior to this position, O Brien was head of the institutional investment management division of BlackRock.
- September 1, 2010 - Signia Appoints New Managing Director From Barclays Wealth
Signia Wealth, the UK-based multi-family office which was established earlier this year, has appointed Mark Elliott from Barclays Wealth as managing director.
In his new role Elliott will look after ultra high net worth client relationships and support chief executive Nathalie Dauriac-Stoebe in the future development of the business.
Prior to joining Barclays Wealth, where he was head of the Financial Institutions Group and the Professional Practices business, Elliott held senior roles at Coutts.
- August 27, 2010 - Aegon Appoints New Product, Marketing Head
Edinburgh-based Aegon Asset Management has appointed Andrew Bell – latterly of Aberdeen Asset Management - as its new head of European product and marketing.
In his new role, Bell will oversee Aegon’s European product development and marketing proposition, reporting to Martin Harris, European head of distribution, the firm said in a statement.
While at Aberdeen Bell was a client director for its hedge fund unit.
- August 26, 2010 - Credit Suisse Is In The UK Regions And It's Here To Stay
Credit Suisse’s private bank in the UK already has built a regional presence in the country and there are plans to extend it further as part of a long-term strategy, one of the firm’s top executives told this publication.
The Zurich-listed bank, along with a number of its European and UK peers, such as Société Générale, Coutts and Barclays Wealth, has been developing a regional footprint in the UK, realising that there are strong business opportunities beyond London.
And this commitment will not waver even if economic conditions prove to be difficult on occasion, Richard Ki.
- August 19, 2010 - Managers Depart From Barclays Wealth In UK
The revolving door at Barclays Wealth continues to spin. A number of managers are leaving the UK business, this publication understands, adding to other departures. On the other hand, this publication exclusively reported yesterday on the hire of three senior figures to its private banking unit.
- August 18, 2010 - Barclays Wealth Expands Private Bank Unit With Hires From UBS, Coutts, Consultancy
Barclays Wealth said today it is expanding its private banking operations for the UK and Ireland with three new senior appointments from UBS, Coutts and Milestone International Tax Consultants, WealthBriefing can exclusively report.
Jennifer Flood joins from UBS and Bob Pennells joins from Coutts; both of them are appointed to the status of directors. Alex Dean joins from Milestone International Tax Consultants as a vice president.
- August 17, 2010 - Coutts Increases Scandinavian Presence
Coutts & Co has appointed Nathalie Ladrak-Malfeyt as a private banker to high net worth clients across Northern Europe with a focus on Scandinavia, in a bid to expand the firm’s exposure in the region.
Ladrak-Malfeyt joins the private banking house from the Netherlands-based Mees Pierson where she was a senior investment advisor to private wealth clients. She has also worked in Bangkok and Singapore.
- August 12, 2010 - Coutts Strengthens Media Banking Team
Coutts & Co, the UK private banking arm of the Royal Bank of Scotland, has appointed Jeff Stubberfield as a commercial banker in its media banking team.
In his new London-based role Stubberfield will be working alongside Neil Phelps, head of media banking, and will be focusing on serving clients within the music, TV and entertainment businesses, the firm said in a statement.
Stubberfield joins the firm from Barclays, where he was most recently a relationship director managing a portfolio of media clients across music, TV, talent/booking agencies and publishing.
- August 12, 2010 - New Wealth Head Marks "New Chapter", Says RBS's Hartzer
Rory Tapner’s appointment as chief executive of wealth at Royal Bank of Scotland – a role which includes the oversight of Coutts and Adam & Co – shows the world “just how serious RBS is about the wealth sector”, Brian Hartzer, the chief executive of UK retail, wealth and Ulster Bank within the RBS Group, told WealthBriefing.
Tapner’s appointment represents “a new chapter”, he said, putting an end to rumours the bank might sell its wealth operation, and reassuring staff and clients of its commitment and momentum in this business, said Hartzer.
Tapner comes to the b.
