PEOPLE MOVES: SJP, Isle of Man Financial Services Authority, Gam
UK wealth manager hires establishment commercial director, as regulator names interim CEO
UK wealth manager hires establishment commercial director, as regulator names interim CEO
He has held roles at NatWest, Zurich, Close Brothers and Barclays
Company will also offer services to UK expats globally
Unregulated firm ‘appears to have operated as a collective investment scheme’ seeking pension funds
He replaces Peter Kenny, chief executive of Quilter International
It will work with private clients and advisers on IHT, complex estates and offshore trusts
Deal adds around £500m in assets under management
But ‘no certainty that any potential transaction will be concluded’
Firms based in free zones will no longer be exempt from providing key information documents
Insurer makes c-suite changes, while Swiss private bank names head of continental Europe and Middle East
Private Bank hires market lead for Switzerland, while investment firm names head of Manchester office
After it was fined for regulatory failings and an ex-employee banned