PEOPLE MOVES: JO Hambro, Capital Group, Rothschild & Co
Asset manager names female chief executive to lead UK, Europe and Asia
Asset manager names female chief executive to lead UK, Europe and Asia
Former UBS Wealth Management president and vice chairman resurface at Brown Shipley’s parent group
The family-controlled bank to focus on wealth management and private banking
Rothschild & Company has said it remains committed to Asia, despite announcing the closure of its Singapore wealth management office.
Two members of the famous Rothschild family have put their own money behind an AI-powered wealth manager offering for UK retail investors.
A BlackRock alum has joined Edmond de Rothschild Asset Management as global head of business development. Accountancy network Moore Stephens has launched a US tax offering in London and appointed a triple qualified tax specialist to head it up. Fidelity International has lost a 13-year veteran.
Swiss private bank Edmond de Rothschild has been fined nearly €9m (£7.9m, $10m) by Luxembourg’s financial regulator for its handling of funds reportedly linked to beleaguered sovereign wealth fund 1Malaysia Development Berhad.
Last year at about this time I wrote a piece titled: What if the Fed is wrong and other scary thoughts for 2016?
The exodus of private banks from the Asian region continues as Edmond de Rothschild (Suisse) announces that it plans to close its Hong Kong branch.
As the clock ticks ever closer to 7am on Friday, the time slated for the release of the official results of the UK’s referendum on EU membership, the financial world’s focus is being honed to an ever finer point as participants hold cash and their breath ahead of the vote.
The vote on Brexit is now less than two weeks away and markets are increasingly feeling the ill effects of the uncertainty.
Barclays Wealth & Investment Management confirmed the departure of its long-serving managing director, with Edmond de Rothschild replacing its outgoing chief executive and Bedrock snaring its new managing partner from Coutts.