US bond market to ‘stay under pressure’ as US Federal Reserve holds rates
The decision to hold interest rates at 4.25-4.5% comes one week after US President Trump demanded a rate cut
Quintet
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Quintet partners with BlackRock to roll out multi-manager range
Follows the signing of a cooperation agreement between the firms
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People Moves: SJP, HSBC, Quilter Cheviot
Investment manager hires chief investment officer, as wealth manager makes five hires
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PEOPLE MOVES: Quintet PB, CISI, Nucleus
Private bank names COO, as professional body appoints director of global learning
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Private banking group partners with BlackRock
Deal will give it access to the asset manager’s set of investment tools, products and solutions
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PEOPLE MOVES: Quintet PB, Vam Funds, Fairstone
Private bank names CEO, as investment manager hires ex-Quilter International global sales director
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Private bank to transfer Swiss client book to rival
After the company confirmed it was closing its operation in the European country
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European private banking group to exit Swiss market
Company has not decided how it will leave, which could include selling or winding down the operation
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PEOPLE MOVES: Quintet PB, Beaufort Group, Stonehage Fleming
Private bank and retail financial services provider hire group COOs
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PEOPLE MOVES: Quintet, Quilter Cheviot, Raymond James
Private Bank hires market lead for Switzerland, while investment firm names head of Manchester office
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PEOPLE MOVES: Quintet, Brown Shipley, Mercer
Swiss private bank hires Asia head, while UK firm names family investment office lead
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PEOPLE MOVES: Openwork, Brown Shipley, Quintet
Advice network’s parent company and UK and Luxembourg private banks hire chairmen