All articles by BBR Staff
BBR Staff
Drexel Morgan Acquires McCabe Capital Managers
Drexel Morgan & Co, a Philadelphia-based financial holding company, has signed and closed on a definitive agreement for the acquisition of McCabe Capital Managers, an independent wealth management and investment advisory firm, also based in suburban Philadelphia.
Credit Agricole Luxembourg To Acquire Majority Stake In Dresdner Van Moer Courtens
Credit Agricole Luxembourg, Credit Agricole SAs specialised private banking subsidiary, has agreed to acquire the majority of the shares of Dresdner Van Moer Courtens (DVMC), a Belgian brokerage specialising in private banking.
Barclays Wealth Expands Alternative Investments Origination, Distribution Teams
Barclays Wealth has expanded its alternative investment origination and distribution teams with four new senior appointments.
Manx Financial Group Acquires Edgewater Associates
UK-based Manx Financial Group has acquired the entire share capital of Edgewater Associates, an independent financial adviser in Isle of Man. Consideration for the acquisition is GBP2m, payable as to GBP1m in cash and GBP1 in new ordinary shares in the group.
HSBC Private Bank Hires New Regional Manager For Bay Area, Northwest Region
HSBC Private Bank has appointed Mark Pittsey as a managing director and regional manager for the Bay Area and Northwest region of the US.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Bank of America Appoints New CIO Of Merrill Lynch Global Wealth Management
Bank of America has appointed Lisa Shalett as new chief investment officer (CIO) of Merrill Lynch Global Wealth Management and head of Investment Management and Guidance. Based in New Jersey, she will report to Kunal Kamlani, head of global investment solutions.
Wells Fargo Expands Elder Services Program To East Coast
Wells Fargo Private Bank, a business within Wells Fargo, has expanded its wealth and life management solution Elder Services program to the East Coast.
Morgan Stanley Smith Barney Reshuffles US Private Wealth Management Team
Morgan Stanley Smith Barney has appointed managing director James Tracy as chief operating officer (COO) of distribution and development in wealth management in the US. Douglas Ketterer, his predecessor in the COO post, has been shifted to become head of approximately 300 private wealth advisers.
Aspiriant Investment Advisors To Acquire Deloitte Investment Advisors
Aspiriant Investment Advisors, a subsidiary of wealth management firm Aspiriant, has agreed to acquire Deloitte Investment Advisors (DIA), an investment advisory group owned by Deloitte Tax.
Societe Generale Private Banking Appoints CEO In China
France-based Societe Generale Private Banking has appointed Hsiao-Yun Lee as CEO of its Chinese operations.