People Moves

UK Private Bank Appoints Edinburgh Head

Wendy Spires, Group Deputy Editor, London, 28 September 2012

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Brown Shipley manages some £250 million ($405 million) in assets for clients in Scotland and the firm has big ambitions to keep growing in the country. Scottish expansion has in fact become a priority for a number of wealth management businesses in recent years, the wealth and investment management arm of Barclays being one example.

Brown Shipley’s parent company, KBL European Private Bankers, was bought by Precision at the start of August for €1 billion. KBL European Private Bankers is a European network of local private banking businesses, of which Brown Shipley is the UK arm.

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