International
Latest News for International
- May 27, 2010 - BNY Mellon Wealth Management Appoints International Group Head
BNY Mellon Wealth Management has announced the hire of Peter Moertl, an independent advisor, to head its international wealth management group, dividing his time between the US and Europe. Moertl reports to Donald Heberle, head of BNY Mellon’s Family Office Services and International Wealth Management businesses.
- March 12, 2010 - JP Morgan Private Bank Eyes Strong Global Growth, To Shift Focus From US
The private banking arm of JP Morgan is expanding internationally to reduce its focus on the US, develop its European presence and join the battle to tap the ultra-wealthy in emerging markets, according to an interview with its EMEA chief with Reuters. Pablo Garnica, private banking chief for Europe, the Middle East and Africa, told the news service that the bank had kicked off a hiring spree and is also looking .
- November 19, 2009 - Capco Launches North Americas Wealth Management
Capco, an international financial consultancy firm, has launched a wealth and investment management group in North America. Capco’s North American Wealth & Investment Management Group offers technology and management consulting services, with particular focuses in wealth management, investment management, and investor services, according to a statement by the firm earlier this week.
- August 25, 2009 - Wells Fargo Poaches NY Banking Team From Citi
Wells Fargo Advisors, part of the US-listed banking group, has lifted an international-banking team out of Citigroup in New York. The ex-Citi team, led by financial advisor Pedro Nieves, managed around $345 million in client assets and had more than $3.
- March 27, 2009 - Citi's Head Of International Trust Business Departs
Paul James, head of international trusts business for Citi, is leaving the US banking giant, WealthBriefing can exclusively report. Mr James, who holds the post of managing director, is to leave the bank after working at Citi for six years.
Latest Features for International
- January 21, 2010 - Wealth Headhunters Turn More Cheerful, Say Asia Will Lead Job Market
To coin a political phrase from late-1990s UK politics, things can only get better. After a year in which much of the financial industry spent its time picking through the rubble to start rebuilding business after the credit crisis, headhunters in the wealth management field are turning cautiously optimistic. Unsurprisingly, executive search companies have reported a decline in 2009 in overall placements of staff at banks and other wealth management institutions, although their workload of interviews has been busy as thousands of unemployed investment bankers have tried to enter the market, firms say.
- June 2, 2009 - Executive Moves - May 2009
UK Lloyds TSB Private Banking confirmed the departure of its chief executive, Mark Cheshire, who had led the business since 2005. Mr Cheshire, who had been with Lloyds for 29 years, left to pursue other opportunities. London investment firm .
- May 5, 2009 - Executive Moves April 2009
UK Private client law firm Walkers expanded in Jersey with the addition of two attorneys from its London office. Ian Gobin was named the new head of private equity for Jersey and Charles Lee joined Walkers' investment funds team on the island. .
- February 2, 2009 - Executive Moves January 2009
UK Deutsche Bank-owned Tilney Private Wealth Management appointed Kypros Charalambous as investment director for its Birmingham private client team – its second senior hire from Barclays Wealth within six months. Legal & General, the . .
- March 10, 2008 - Single Family Offices Look to Alternatives
Merrill Lynch and Campden’s recent European Single Family Office Survey 2008, Preserving Family Values predicts a decisive shift by single family offices towards more assets being allocated to alternatives. The report found family offices are already using alternative investments extensively and are expected to switch their asset allocation even further in favour of alternatives over the next three years from 48 per cent on average today to 55 per cent. The wide-reaching and increasing use of alternatives amongst family offices is no surprise to wealth innovations strategy think tank, .
