All articles by Patrick Brusnahan
Patrick Brusnahan
Patrick is a senior reporter working on GlobalData's consumer finance titles. You can reach him at patrick.brusnahan@verdict.co.uk
Brewin Dolphin sees stable quarter results
Wealth management company Brewin Dolphin saw their core income increase 15% in the final quarter of 2013 up to £63.8 million from £55.4 million in the final quarter of 2012.
Major job cuts at Lloyds private bank
Lloyds Banking Group is to slash 1,080 UK staff, most of which will be in the wealth and commercial arms.
BMO to acquire F&C Asset Management
Canada’s Bank of Montreal has agreed to acquire London-listed F&C Asset management for approximately £708 million in cash.
Sharp AuM rise at Mattioli Woods
Mattioli Woods, an Enderby-based wealth management firm, has increased assets under management (AuM) from £50 million to £510 million in the six months ending 30 November 2013.
Sanlam poaches Coutts wealth manager
Sanlam Private Investments (SPI) has appointed Coutts’ James Bardner as a senior investment manager.
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KBL epb adapts leadership structure
Following the stepping down of current group CEO, Jacques Peters, KBL European Private Bankers (KBL epb) have appointed Yves Stein, CEO of private banking, as his replacement.
Credit Suisse fine could reach over $800 million
Credit Suisse could pay a settlement of over $800 million to U.S. authorities after helping wealthy Americans avoid taxes.
F&C and BMO in takeover talks
The board of F&C Asset Management has confirmed that they have received an offer from BMO Financial Group concerning a possible takeover.
SGPB Hambros goes on hiring spree
Société Générale Private Banking Hambros, the UK wealth management arm of SocGen, hopes to bolster its team through hiring nearly thirty new private bankers.
FCA warn over wealth manager clone
Fraudsters have cloned a German wealth management firm in an attempt to lure in UK investors.